Illinois State Treasurer: Sustainability Report

Michael W. Frerichs of the Illinois State Treasurer’s Office has released the 2019 Annual Sustainable Investment Report.  An excerpt: – Passage of the Illinois Sustainable Investing Act – Spearheaded by Treasurer Frerichs, Illinois became the first state in the nation to pass a law establishing a framework for public fund managers to integrate sustainability factors in their…

State Treasurers Urge SEC to Maintain Investors’ Right to Sue – Bloomberg

State treasurers from California, Illinois, Iowa, Oregon, Pennsylvania and Rhode Island are joining a push to persuade U.S. Securities and Exchange Commission Chairman Jay Clayton to uphold the agency’s longstanding position against mandatory shareholder arbitration clauses.In a letter dated July 2, the treasurers led by California’s John Chiang expressed concern about reports that the SEC…