SEC Commissioner Mark T. Uyeda questioned the long-term sustainability of ESG-focused investing given widespread disagreement and inconsistencies on core concepts across the industry.
Comments on an SEC proposal to establish minimum standards for outsourcing investment advisory services and related form amendments are due by December 27, 2022.
The SEC proposed amendments to impose additional liquidity requirements on mutual funds and other SEC-registered open-end funds.
A chemical manufacturer settled SEC charges for making materially misleading statements to investors and the public regarding the company's debt reduction efforts.
SEC Commissioner Caroline A. Crenshaw defended the SEC's ESG disclosure proposal, calling it consistent with other disclosure requirements proposed by the SEC and responsive to the evolving demands of investors.