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Federal judge blocks new law aimed at ESG, DEI investing decisions

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A federal judge has blocked Kansas from enforcing a new law that requires institutional investment advisers to make certain disclosures when recommending against company management on issues, including environmental, social and governance principles.

U.S. District Judge Holly Teeter on Wednesday issued a preliminary injunction halting enforcement of law enacted last session that two major national institutional investment advisers said was unconstitutional because it discriminated based on speech.

"The court agrees with plaintiffs," Teeter wrote.

"SB . . .

SSJ

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