Tag Archives: Halal Investing
 

SIFMA vs. Missouri: A Legal Battle Over ESG Investing Disclosures by Investment Advisers & Broker-Dealers

August 11, 2023

The Securities Industry and Financial Markets Association (“SIFMA”) recently filed a lawsuit against the Missouri Secretary of State, Jay Ashcroft, in U.S. District Court. This legal dispute is a result of new rules, which target broker-dealers and investment advisers for so-called “woke” investing, specifically using Environmental, Social, or Governance criteria (“ESG”) or other non-financial objectives (e.g., Bibically Responsible Investing, Halal Investing).

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