In a recent edition of The New York Times's DealBook Newsletter by Matthew Goldstein and Emily Flitter, Schulte Roth & Zabel co-managing partner Marc Elovitz shared his thoughts on the SEC's crackdown on ESG funds.
Marc commented, “[e]nforcement may have gotten ahead of rule-making on E.S.G.,” explaining, “[i]f there is actual fraud then the S.E.C. can shut it down. But the difficult policy discussions around E.S.G. investing shouldn’t be pre-empted by enforcement.”
Read the newsletter here.