This week’s ESG Task Force settlement and the statements made by the Task Force representative show that the SEC is committed to pursuing companies that it believes are deliberately misrepresenting ESG-related information to the public and to investors.
Securities and Exchange Commission SEC committing in 2022 to pursue companies that misrepresent information to investors regarding Environmental, Social and Governance ESG. SEC ESG Task Force filed first complaint against Brazilian mining company presenting fraudulent info.
Media statement by Dr Ong Kian Ming, member of Parliament for Bangi and assistant political education director for the Democratic Action Party (DAP) on March 18, 2022