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SEC Rule Cracks Down on Misleading ESG, Growth Fund Labels

SEC adopts greenwashing rule for ESG and growth funds

The Securities and Exchange Commission has adopted a new rule that tightens restrictions surrounding the naming of investment funds that prioritize environmental or social concerns.

SEC gov | SEC Enhances Rule to Prevent Misleading or Deceptive Fund Names

The SEC adopted rule amendments to modernize and enhance the “Names Rule,” which addresses investment fund names that could mislead investors about a fund’s investments and risks.

Statement Regarding Adoption Of Amendments To The Names Rule, SEC Commissioner Caroline A Crenshaw, Sept 20, 2023

Statement Regarding Adoption Of Amendments To The Names Rule, SEC Commissioner Caroline A Crenshaw, Sept 20, 2023
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SEC gov | SEC Adopts Rule Enhancements to Prevent Misleading or Deceptive Investment Fund Names

SEC gov | SEC Adopts Rule Enhancements to Prevent Misleading or Deceptive Investment Fund Names
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