Biden vetoes bill to overturn DOL ESG rule
March 23, 2023
US President Joe Biden has vetoed a bill that would prevent pension fund managers from considering climate change and ESG factors in their investment decisions.
On March 20, Biden …
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Kansas anti-ESG bill could reduce pension returns by $3.6bn
March 15, 2023
Kansas’ proposed legislation to prevent ESG considerations by public contractors could lower state pension system returns by $3.6bn over the next decade.
The Protection of Pensions and Businesses …
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Do more on diversity, SEC urged by ex-chairs
7 March 2023
The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.…
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SEC open to easing controversial climate disclosure proposal
February 15, 2023
Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made.
The ‘Enhancement and Standardization of Climate-Related …
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Republicans challenge DOL’s ESG rule
February 8, 2023
In the latest anti-ESG action taken in the US, Republicans in the Senate and House have filed joint bills to nullify the Department of Labor’s (DOL’s) new ESG rule for retirement plans. …
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SEC preparing 50+ ESG regs for 2023
10 January 2023
The Securities and Exchange Commission (SEC) is aiming to release 52 regulations targeting ESG investing.
Over the next ten months, the SEC is expected to release 27 regulations currently in …
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Kentucky threatens divestment from 11 companies in anti-ESG move
January 5, 2023
Republican states continue to shun ESG investments as 11 major financial companies face potential divestment from Kentucky.
Kentucky State Treasurer Allison Ball has threatened to divest in companies …
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SEC proxy roll-back – researchers and clients still vulnerable
July 15, 2022
The SEC’s amendments to the Trump administration’s 2020 rules only partially address investor concerns over attacks on independence of proxy voting advice
The US Securities and Exchange Commission …
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DoL proposes fresh ESG regulation
The proposal is expected to reconfigure restrictions on climate-based investing incurred by pension fund investors
August 20, 2021
The US Department of Labor (DoL) has proposed changes to a controversial rule brought in last year …
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