Reuters exclusively reported that the U.S. Securities and Exchange Commission is preparing to resolve a two-year probe into allegations of greenwashing by the German fund manager DWS (DWSG.DE), with a fine by the end of September.
Business & FinanceEnergy
U.S. SEC readies penalty for DWS in greenwashing probe by end September
25 July 2023, 6:47 pm 1 minute
Market Impact
The scrutiny has resulted in raids by investigators on DWS’ headquarters, the resignation of its chief executive and pressure on its share price.
Article Tags
Topics of Interest: Business & FinanceEnergy
Type: Reuters Best
Sectors: Business & Finance
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story