Tag: WisdomTree

U.S. SEC Fines WisdomTree $4 Million for ESG Fund Misrepresentation

byFavour Okosodo

22 October 2024

The U.S. Securities and Exchange Commission (SEC) has fined WisdomTree, a New York-based issuer of ETFs, $4 million for failing to adhere to its own investment criteria for funds marketed as following the Environmental, Social, and Governance (ESG) framework. According to the securities regulator, the firm misrepresented the nature of ...

WisdomTree Follows BlackRock’s Lead, Resubmits Bitcoin ETF Application to U.S. SEC

byDurotimi Aribisala

21 June 2023

On June 21, 2023, WisdomTree, a New York-based asset management fund, filed another application for approval from the United States Securities and Exchange Commission (SEC) to list its "WisdomTree Bitcoin Trust" on the Cboe BZX Exchange. The company's new application for a spot Bitcoin exchange-traded fund (ETF) is part of ...