The $4 million dollar fine from the SEC was for practices in 2017 and 2018 that left ESG undefined and at the discretion of Financial Advisors in ESG funds
Goldman Sachs to pay $4 million SEC penalty in ESG fund case financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
Goldman Sachs Group will pay $4 million to settle U.S. regulators' claims that its asset management unit didn't properly weigh environmental, social and governance factors in some of its investment products.