SEC examiners are downplaying environmental, social, and governance investing as a focus when inspecting firms for compliance with agency rules after years of listing ESG as a priority.
The Securities and Exchange Commission made no direct reference to ESG in its 2024 Division of Examinations priorities released Monday for investment advisers, brokers and other securities industry members. The SEC listed ESG as an examination focus in its reports for 2023, 2022 and 2021, when Democrats took control of the agency.
Source: SEC Drops ESG From List of Compliance Priorities in 2024
