SEC Fines Invesco $17.5 Million for Misleading ESG Investing Claims
ESG Today
NOVEMBER 11, 2024
The U.S. Securities and Exchange Commission (SEC) announced that it has charged global asset manager Invesco for making misleading claims regarding its ESG-related investments, including overstating the proportion of assets under management that integrated ESG considerations. Invesco has agreed to pay a $17.5 million civil penalty to settle the SEC’s charges, while not admitting or denying the Commission’s allegations.
Let's personalize your content