Account

Sign in to access your account and subscription

Related information
Credit: Blue Planet Studio/Adobe Stock Credit: Blue Planet Studio/Adobe Stock

Just two days before issuing proposed rule amendments regarding the use of environmental, social, and governance (ESG) factors in mutual funds, the Securities and Exchange Commission (SEC) gave a vivid preview of its ESG fund enforcement agenda. On May 23, the SEC announced settled charges and a $1.5 million penalty against a mutual fund adviser for alleged misstatements and omissions in fund disclosures regarding ESG considerations. The SEC found that the adviser represented that investments in the funds had undergone an ESG quality review but in fact did not have ESG quality review scores for all investments held by the funds in question during a three-year period.

This content has been archived. Until December 31, 2025, it is available through our partners, LexisNexis® and Bloomberg Law.

Starting January 1, 2026, all archived content will be exclusively available through a subscription to Law.com NewsVault.

For information about Law.com NewsVault, please email [email protected] or click here to learn more.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Continue Reading

Peter E. Fisch and Salvatore Gogliormella

"The pick-your-partner principle reflects the notion that members of an LLC have the right to choose with whom they associate in business, because the trustworthiness, creditworthiness and compatibility of co-owners are critical to the success and functioning of the enterprise."

July 29, 2025
Rights of Representatives of LLC Members Upon Death or Disability
Adrienne B. Koch

This is Adrienne Koch’s third article in her four-part series that examines issues surrounding the use of Delaware Limited Liability Companies for real estate transactions in New York, exploring a key aspect of Delaware law that is often among the reasons parties choose to organize as a Delaware LLC: the state’s liberal rules concerning waivers of fiduciary duties.

July 08, 2025
Delaware LLC’s In New York Real Estate Transactions: Waiver of Fiduciary Duties