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Regulatory

Goldman Sachs charged over ESG failures

Goldman Sachs Asset Management is paying US$4 million to settle charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation to ESG investing by the Trump Administration.

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Read more: ESG,  Goldman Sachs,  SEC,  Goldman Sachs Asset Management,  BlackRock,  MOSERS,  ERISA,  Ron DeSantis,  Employee Retirement Income Security Act,  Jimmy Patronis,  President Joe Biden,  Scott Fitzpatrick,  Marty Walsh,  State Board of Administration,  US Department of Labor