Regulation
Invesco Pays $17.5M Fine to Settle SEC Greenwashing Charges
However, the future of ESG regulation in the U.S. is unclear under a second Trump administration.
Tag: Trump
Alternatives
Principles for Responsible Investment Calls for Reversal of Anti-ESG Trump Policies
CEO of UN-backed group says Biden administration has opportunity to ‘make American finance great again.’
Risk
Former Associates of Rudy Giuliani, Lev Parnas, David Correia, Charged with Conspiring to Defraud Investors
Prosecutors allege their firm, ‘Fraud Guarantee,’ was a guaranteed fraud.
Regulation
Trump to Investigate the ‘Hidden Risks’ of Investing in Chinese Companies
The president pledges to ‘protect American investors’ by studying the operational behaviors and guiding principles of the Chinese companies that they invest in.
Coronavirus - COVID-19
Trump Considers Banning Chinese Stock in Federal Pension, Reports Say
The White House is reportedly reviewing its options against a planned investment into Chinese equities.
Pensions
Cuts Proposed to Fed Retirement Intend to ‘Align with Private Sector’
Trump administration’s FY 2021 budget proposal includes mitigations to benefits paid out to beneficiaries, higher contributions.
Pensions
New York City Takes ‘Major Next Step’ on Fossil Fuel Divestments
City hires Meketa Investment Group to develop divestment plan by end of year, citing federal inaction on climate change.
Market Moves
Group to Trump: Ax Investments in Indexes with Chinese Companies
Petition argues federal Thrift Savings Plan shouldn’t be ‘used to finance our enemies.’
Regulation
Congress Eyes Barring Federal Pension Investments in China
An independent government body had been preparing to invest in a global index that has 7.5% Chinese stocks.
Why the Trade War Might not Be Ruinous
Tariffs don’t involve a major part of the US economy and this may all be a negotiating tactic, say some market strategists.
Regulation
Trump Seeks to Fill National Labor Relations Board Vacancies
If the two rumored candidates are confirmed, the board will see its first Republican majority since the Bush administration.
Scaramucci “Ready to Serve” in Trump Administration
At the recent SALT conference, SkyBridge Capital Founder Anthony Scaramucci commented on his unrealized public liaison position.
Trump Nominates Brian Quintenz as CFTC Commissioner
Founder of Saeculum Capital Management has been re-nominated after being withdrawn from consideration earlier this year.
Corbin: Investors Less Upbeat about Economy, But Optimistic about Impact of Trump Policies
44% of investors expect first-quarter earnings to surpass expectations.