Sep. 13, 2022
Sirs/Madams – I need to comment on the proposed rule to evaluate publicly held companies based on their ESG ratings. I believe it is wrong for the following reasons. I invest in companies based on their abilities to generate money for me legally and ethically, not based on any other criteria. It puts undue costs on most companies, especially smaller companies that would be required to track and report the data. It makes it difficult for financial advisors to meet their fiduciary responsibilities to me as a customer. My assets including a large part of my life savings are being used to push a political agenda that I don’t necessarily support. Thank you for your time and consideration. With best regards, Brian McNalley