The Securities and Exchange Commission SEC recently proposed two sets of rule amendments impacting Business Development Companies BDCs and registered investment companies that utilize Environmental, Social, or Governance ESG factors as part of their investment strategies.
In a three-to-one vote on May 25, 2022, the U.S. Securities and Exchange Commission ( SEC) proposed amendments to rules and reporting forms under the Investment Company Act of 1940 that.
SEC proposal contemplates disclosure requirements based on certain categories of ESG investment strategies with the level of detail required of any given fund or adviser dependent on the extent to which ESG factors are considered in investment decision-making
The Securities and Exchange Commission proposed amendments to rules, reporting forms, to give investors more information about registered funds that incorporate environmental, social, and governance ESG factors into their investment selection processes.
EXECUTIVE SUMMARY - On 25 May 2022, the Securities and Exchange Commission (SEC) proposed a series of amendments (the Proposed Amendments) to rules and reporting forms, which purport to.