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Leah Malone Quoted in Investment News and The Bond Buyer on New Florida Anti-ESG Law
05.04.23
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Partner Leah Malone was quoted in articles in Investment News and The Bond Buyer, which explored Florida’s recently signed House Bill 3 (“HB 3”), the farthest reaching anti-ESG law to date. Commenting on the law, Leah noted that it is significant in the number of restrictions it imposes and the range of actors it applies to. She explained that “In many cases, the specific restrictions are similar to those passed by other states and are not actually the most stringent we’ve seen. But collectively they constitute the most sweeping law targeting consideration of ESG factors in investment decisions.” Leah further described how the law establishes “a new playbook” for other states, and how the biggest impact of the new law will be on state and local bond provisions, proxy voting and reporting.
To read the Investment News article, please click here. To read The Bond Buyer article, please click here (subscription required).