Tag: SEC
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Rising Investment in Executive Security Following Recent Incidents
Following the tragic shooting of UnitedHealthcare CEO Brian Thompson, major companies are increasing their focus on executive security, unveiling the vast amounts allocated for protection. Companies like Apple, Nvidia, and Alphabet reported millions in security costs for their CEOs, highlighting the heightened emphasis on safeguarding top executives amidst rising threats. In light of recent events,…
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SEC Penalizes WisdomTree for Misleading ESG Investment Claims
The SEC fined WisdomTree Asset Management $4 million for greenwashing, stemming from misleading claims about its ESG investment strategies. The firm falsely asserted that three exchange-traded funds did not invest in companies associated with fossil fuels and tobacco, while evidence showed otherwise. This case emphasizes the necessity for accurate ESG representations and highlights the ongoing…