On 10 June 2022, the Hong Kong Securities and Futures Commission (SFC) published a consultation on proposed amendments to the Securities and Futures Ordinance (SFO) to enhance the regulatory tools available for effective enforcement.
The Chinese Securities Regulatory Commission (CSRC) recently revised the regulatory framework governing the establishment and operation of public fund management businesses in China.
Last week the Institute filed a Complaint for Declaratory and Injunctive Relief against California's Department of Financial Protection and Innovation, which administers California's Blue Sky Law.
On May 25, 2022, the US Securities and Exchange Commission voted 3-1 to propose enhanced disclosures by certain investment advisers and investment companies about environmental, social, and governance (ESG) investment practices.
In a settled enforcement action, the SEC charged an investment adviser for misstatements and omissions about environmental, social, and governance (ESG) considerations in making investment decisions for certain mutual funds that it managed.
