WisdomTree Hit with $4 Million Penalty for Misleading Investors on Fossil Fuel Holdings

DeSmogBlog
By Sharon KellyOct 25, 2024, 2:43 pm325 pts
The Securities and Exchange Commission (SEC) this week fired a shot over the bow at Wall Street companies that promise to help investors avoid putting their money into fossil fuels and tobacco — but steer funds towards those companies anyway. In a little-noticed settlement, the SEC fined investment adviser…

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WisdomTree Hit with $4 Million Penalty for Misleading Investors on Fossil Fuel Holdings

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