The SEC has proposed amendments related to the Investment Company Act's Names Rule, as well as enhanced ESG disclosure requirements for registered investment companies, business development companies, registered investment advisers and certain unregistered advisers. These proposals, which are subject to a comment period, seek to enhance transparency and help ESG-conscious investors gain greater clarity about their holdings.
A quick-hitting summary of this proposed regulation and its potential impact on financial services firms is available here.
Read more in the latest edition of Defining Issues: SEC investment management proposals focus on ESG (kpmg.us)
Here are four reactions from KPMG leaders: