##  [# Hot Reads: SEC Cracks Down On ESG Labeling](/sections/daily-hot-reads/hot-reads-sec-cracks-down-esg-labeling) 

 

# Hot Reads: SEC Cracks Down On ESG Labeling

 

 

Plus, who even needs a Bitcoin ETF right now?



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Sep 03, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**SEC Cracks Down On ESG Labels**](https://www.bloomberg.com/news/articles/2021-09-03/fund-managers-feel-heat-in-sec-crackdown-of-overblown-esg-labels) (Bloomberg)

The regulator is asking fund managers to explain why they should be able to use the label.

[**Who Needs A Bitcoin ETF, Anyway?**](https://www.marketwatch.com/story/who-needs-a-bitcoin-etf-anyway-it-may-hold-little-value-for-investors-nowheres-why-11630600714) (MarketWatch)

The access case is weaker since consumers can already get exposure to cryptocurrencies directly.

[**US Adds 235,000 Jobs In August**](https://www.bls.gov/news.release/empsit.nr0.htm) (U.S. Bureau of Labor Statistics)

It’s a big miss compared to the median economist estimate of about 720,000.

[**ETF Investors Stuck To Script In August**](https://www.morningstar.com/articles/1056638/etf-investors-stuck-to-the-script-in-august) (Morningstar)

Broad vanilla funds led inflows last month.

[**Fed Official: Taper Announcement Likely In Nov**](https://www.reuters.com/business/fed-likely-announce-taper-november-former-fed-official-says-2021-09-03/) (Reuters)

Atlanta Fed president believes the bond-buying taper will start in December.

[**S&amp;P 500 Dispels ‘Sell In May’ Myth With Strong Summer Gains**](https://www.advisorperspectives.com/commentaries/2021/09/03/s-p-500-dispels-sell-in-may-myth-with-strong-summer-gains) (Advisor Perspectives)  
 The index is up 7% since Memorial Day.

[**A CEO’s Guide: How To Build An Asset Management Firm**](https://www.institutionalinvestor.com/article/b1tdzptw6f2qvl/A-CEO-s-Guide-for-How-to-Build-an-Asset-Management-Firm) (Institutional Investor)

Here’s how one RIA manager did it.



 

 

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 Related Topics  [Bond](http://www.etf.com/topics/bond) 

 [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [ESG](http://www.etf.com/topics/esg)