Secretary Ashcroft requires transparency regarding ESG

Missouri Secretary of State Jay Ashcroft joins the Marc Cox Morning Show to discuss ESG (Environmental, Social, and Governance), a values-based framework established to measure the degree to which an organization is operating in a "sustainable" manner.

Ashcroft has submitted language to the Administrative Rules Division that would implement disclosure standards in regard to security investments and how advisors disclose strategies that promote values-based agendas.

"You have to disclose that to the investor and let the investor make his or her own decision."

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