The Securities and Exchange Commission has announced an open meeting for September 20, 2023 in order to consider adopting amendments to the rule under the Investment Company Act of 1940 that addresses investment company names that are likely to mislead investors about an investment company’s investments and risks. In part, the proposed amendments to the names rule addressed various ESG related topics.  The amendments the SEC will consider also include enhanced prospectus disclosure requirements for terminology used in investment company names, as well as public reporting regarding compliance with new names-related requirements.  We discuss the proposed amendments, including the ESG related aspects, in this article

See the SEC’s release regarding the open meeting here.