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...The US Securities and Exchange Commission enforcement division has sent document requests, including subpoenas, to several asset managers relating to their environmental, social and governance investment...
...Before we begin today’s newsletter, I want to mention some big developments on the Inflation Reduction Act, the Biden administration’s landmark green legislation....
...SEC commissioners voted 3-2 along partisan lines to pass the measure. “I’ve been a securities lawyer for three decades,” said Allison Herren Lee, a former SEC commissioner....
...Without serious action on economic inequality, social tensions will continue to rise, warns Sandrine Dixson-Declève, president of the Club of Rome....
...With Democrats in charge during the Obama administration, investors felt they had a receptive audience....
...The company enlisted a legal team that includes David Woodcock, the former head of the SEC’s Texas office, and Noel Francisco, a former solicitor-general in the Donald Trump administration....
...The Securities and Exchange Commission’s climate disclosure rule — if it survives in court — would be reversed by a Trump administration 2.0....
...But we have to do it with this social dimension.” The Socialists today are set to nominate Nicolas Schmit, the commissioner for jobs and social rights, as their lead candidate for the election....
...Kirby said the Biden administration had been “clear” about its views, and had “constructive discussions” with the Israelis in recent weeks....
...“The result is that Russian security partners initially gain a sovereign capability . . ....
...A total of 52 per cent said that Rueda, the peace commissioner, should resign....
...One threat to European security is a Russian military victory over Ukraine....
...He has grievances to settle with social media platforms that have banned him and given his opponents airtime....
...He added, however, that Russia’s children’s rights commissioner, Maria Lvova-Belova, has proudly claimed “several times” that there are 700,000 Ukrainian children in Russia....
...Having a custodian — banks that hold customer securities to prevent them being lost or stolen — is a legal requirement for a hedge fund to operate in the UK, and Odey Asset Management would be in breach...
...It argues that the Securities and Exchange Commission has been too willing to allow resolutions to proceed to a vote, even when similar motions have received little backing....
...Allies of the former prime minister said he would apologise for mistakes made by his administration but would robustly defend its successes....
...Deepfakes will be all over mainstream media, advertising, and of course social platforms....
...The UK could offer help on security....
...US national security adviser Jake Sullivan said it would neither “make sense” nor be “right” for Israel to reoccupy Gaza, as American and Israeli officials continue to push diverging visions of the strip...
...David Stevens, a former head of the Mortgage Bankers Association and a Federal Housing Administration commissioner in the Obama administration, worked directly with ICE officials as a board member of MERS...
...Orszag was previously director of the US Office of Management and Budget under the Obama administration....
...Anduril’s first big win, when it was just a few months old, was a contract with the Trump administration to supply AI-powered surveillance towers along the Mexican border....
...Republicans in Congress are seeking to block the Biden administration from allowing retirement plans to consider ESG standards. ...
...Some were registered for minimal social security contributions, but many were not. Most did not even have bank accounts....
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