In a recent Bloomberg News Green article by Tim Quinson, Schulte Roth & Zabel partner Marc Elovitz shares his thoughts regarding the two new proposed rules by the Securities and Exchange Commission that would require more consideration for environmental, social and corporate governance principles when investing. “In effect, the SEC is treating all funds as ESG funds,” said Elovitz.

One of the proposed rules would require additional disclosures on ESG consideration in annual reports by a fund or financial adviser and for funds to report their greenhouse gas emissions. Marc argued, “It’s an extremely overbroad proposal.”

Read the article here.

In a recent Private Equity Law Report article by Robin L. Barton, Schulte Roth & Zabel partner Benjamin Kozinn shares his thoughts regarding the newly proposed rules by the Securities and Exchange Commission regarding private funds.

“There are a lot of details to be unpacked, but as you read the Proposal, you start realizing there’s more than meets the eye in terms of the potential unintended effects of what the SEC is proposing,” explained Kozinn.

Read the article here.