US regulator slaps US$25m penalty on DWS for greenwashing, AML

DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an Anti-Money Laundering (AML) program for mutual funds it advised.

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Read more: greenwashingDWS Investment ManagementSecurities and Exchange Commissionanti-money launderingGurbir S. GrewalSanjay Wadhwa