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Mike Litt
Director, Consumer Campaign

Author: Mike Litt

Director, Consumer Campaign

(202) 461-3830

Started on staff: 2015
B.A., University of Texas at Austin

Mike directs U.S. PIRG’s national campaign to protect consumers on Wall Street and in the financial marketplace by defending the Consumer Financial Protection Bureau. Mike also works for stronger privacy protections and corporate accountability in the wake of the Equifax data breach—which has earned him widespread national media coverage in a variety of outlets. Mike lives in Washington, D.C.

The Securities and Exchange Commission (SEC) published two proposals today to improve the accuracy and transparency of funds making environmental, social, and governance claims.

The first proposal would require that 80 percent of a fund’s investments adhere to claims made in its name. 

The second proposal would require funds and investment advisers to disclose how they are defining and achieving their claims. Funds focused on environmental factors would also be required to disclose their greenhouse gas emissions. 

A 60 day public comment period will begin after the proposals are published in the Federal Register.

Mike Litt
Director, Consumer Campaign

Author: Mike Litt

Director, Consumer Campaign

(202) 461-3830

Started on staff: 2015
B.A., University of Texas at Austin

Mike directs U.S. PIRG’s national campaign to protect consumers on Wall Street and in the financial marketplace by defending the Consumer Financial Protection Bureau. Mike also works for stronger privacy protections and corporate accountability in the wake of the Equifax data breach—which has earned him widespread national media coverage in a variety of outlets. Mike lives in Washington, D.C.