In the first half of 2022, we saw significant U.S. Securities and Exchange Commission (SEC) enforcement and rulemaking activity around ESG investing, and the SEC’s intense focus in this area shows no signs of abating as we move through the third quarter. In this four-post series we:
- Summarize the 2019-2021 ESG-related initiatives at the SEC;
- Review the SEC’s ESG-related enforcement activity in the asset management industry;
- Outline the SEC’s May 2022 ESG-related rule proposals for funds and advisers; and
- Suggest factors that mutual fund boards should consider in their oversight of ESG funds and adviser ESG initiatives.