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-Great Cultural Revolution
New SEC Rule Could Eliminate Environmental, Social, and Governance Funds
2023-09-29
[LI] SEC is trying to address "greenwashing" and "climate washing" manipulations as investors strive to make profits. Meanwhile, billionaire Bill Gates is slamming the brakes on climate panic.

The last time I reported on environmental, social, and corporate governance, BlackRock Chief Executive Officer Larry Fink, whose firm has attempted to foist these standards on the global business community, had stopped using the term, whining it has become too politicized.

Now, the Securities and Exchange Commission has announced a rule that may pull the curtain back on the content of these funds, which may drive a stake through the heart of ESG inanity.
Posted by:Frank G

#4  The purpose of a public traded company is to generate profits for its shareholders. Period.
Posted by: Procopius2k   2023-09-29 13:37  

#3  The SEC has been a toothless spectator to every financial debacle in the USA in modern times.
Posted by: M. Murcek   2023-09-29 09:38  

#2  Dem, GOP reps raise alarm that Biden admin looking other way on solar industry's alleged forced labor ties
Posted by: Skidmark   2023-09-29 08:22  

#1  Republicans aim to strip salary from Biden climate official who kept job after failed Senate confirmation
Posted by: Skidmark   2023-09-29 07:34  

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