ESG Content

In November, the State of Texas and 10 other states brought an action against BlackRock, Inc., State Street Corporation, and The Vanguard Group, Inc. in the U.S. District Court for the Eastern District of Texas, alleging violations of federal and state antitrust laws, including the...

The Securities and Exchange Commission announced that it will hold a roundtable on Thursday, June 26 to discuss executive compensation disclosure requirements for public companies. An agenda and speaker lineup will be forthcoming.

Yesterday, ICI submitted an amicus curiae brief in the State of Texas et al. v. BlackRock, Inc. et al. litigation, in which plaintiffs allege that defendants violated various federal and state antitrust laws.

The United States Court of Appeals for the Fifth Circuit vacated the order of the Securities and Exchange Commission approving Nasdaq's Board Diversity Proposal

Last week, ICI sent a letter (linked below) to SEC Chair Gensler, requesting that the SEC (i) suspend the compliance dates for certain recent regulatory actions, (ii) halt work on not-yet-finalized rulemaking, and (iii) extend soon-to-expire relief that would have a significant impact...

On November 8, 2024, the SEC instituted public administrative and cease-and-desist proceedings against an asset manager arising from misleading statements concerning the company-wide percentage of assets under management by it and its affiliates that was "ESG integrated," a term that...

For the thirteenth year in a row, the Securities and Exchange Commission's Division of Examinations has published its examination priorities for the coming year. While the Division has historically published these exam priorities near the beginning of the calendar year, this is the...

On October 21, 2024, the SEC instituted public administrative and cease-and-desist proceedings against an asset manager arising from statements made regarding three exchange-traded funds that it marketed as incorporating environmental, social, and governance factors. To settle the...

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.

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.