SEC proposes additional ESG disclosures for investment advisers, funds
By Brian Croce Source: Pensions & Investments The Securities and Exchange Commission on Wednesday approved a rule proposal that would require investment advisers and fund managers to disclose additional information on ESG strategies in fund prospectuses, annual reports and adviser brochures. In a 3-1 vote, with the commission's lone Republican, Hester M. Peirce, dissenting, the SEC proposed amendments to rules and disclosure forms that aim to promote consistent, comparable and reliable information for investors concerning funds' and advisers' incorporation [...]