Goldman comes under investigation over ESG funds management.

M2 EQUITYBITES-June 13, 2022--Goldman comes under investigation over ESG funds management

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Global Banking News - 13 June 2022

The US Securities and Exchange Commission (SEC) is reportedly investigating Goldman Sachs (NYSE: GS) over certain claims made for its ESG (environmental and social governance) investment funds, WSJ first reported.

Regulators had recently stepped up their scrutiny of sustainable investment vehicles because of their lack of accountability. As the products have become very popular with investors, lawmakers and investors are now calling for curbs on the expansion of...

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