Fund management company WisdomTree will pay $4 million to settle allegations by the Securities and Exchange Commission (SEC) that it improperly invested in fossil fuel and tobacco companies in its environmental, social and governance (ESG) funds despite promising to avoid them.
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus
