· Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiRemarks to the Investor Advisory Committee
Read full speech on sec.gov ↗ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler presents rules to back ESG fund claims with information.
Problems raised
- Investors weigh climate and cyber risks.
- ESG labels may be unsupported.
- Investors cannot see behind fund claims.
Solutions proposed
- Propose ESG disclosure rules for funds and advisers.
- Require information behind ESG labels.
- Improve climate and cyber disclosures.