United States ESG Content

On September 19, 2024, the SEC instituted public administrative and cease-and-desist proceedings against an asset manager arising from "material misstatements concerning how it managed investments for clients.

On August 22, 2024, the Securities Division of the Indiana Secretary of State entered a Cease and Desist Order against an asset manager, asserting that it "appears that [asset manager and its affiliates] have committed securities fraud in violation of" the Indiana Code.

On August 14, 2024, the US District Court for the Western District of Missouri ordered that a set of challenged Missouri Securities Division rules, which required specified financial professionals to obtain a client's written consent on state-scripted documents before providing advice...

Commissioner Peirce delivered remarks which include her views on issues related to environmental, social, and governance (ESG) matters as they pertain to asset managers, companies and governments.

Governor Newsom signed into law the "California Climate Accountability Package" on October 7, 2023. Under the Climate Corporate Data Accountability Act, reporting entities doing business in California will have to annually disclose their Scopes 1 and 2 greenhouse gas emissions...

Governor Newsom signed into law the "California Climate Accountability Package" on October 7, 2023. Under the Climate Corporate Data Accountability Act, reporting entities doing business in California will have to annually disclose their Scopes 1 and 2 greenhouse gas emissions...

On March 26, 2024, the Securities Division of the Mississippi Secretary of State's Office entered a Summary Cease and Desist Order and Notice of Intent to Impose Administrative Penalty (the "Order") against an asset manager, alleging that it "has made and continues to make untrue...

Parts of the rules package proposed by Wyoming Secretary of State Chuck Gray on Environmental, Social, and Governance investment disclosure and consent went into immediate effect on February 27, 2024, and require compliance as of that date.

On March 6, 2024, the Securities and Exchange Commission adopted final rules on The Enhancement and Standardization of Climate-Related Disclosures for Investors. Following adoption, the Final Rules were subjected to a number of legal challenges. On April 4, 2024, the Commission issued...