WisdomTree Pays $4 Million SEC Penalty For Compliance Failures Related To ESG Funds
SEC Charges WisdomTree: The U.S. SEC charged WisdomTree Asset Management for misstatements and compliance failures regarding their ESG-marketed ETFs, which invested in fossil fuels and tobacco contrary to their stated investment criteria.
Financial Penalty and Fund Liquidation: WisdomTree agreed to pay a $4 million civil penalty and liquidated the three implicated funds in February 2024, while emphasizing the importance of adhering to disclosed investment strategies.
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Dividend ETFs Overview: Dividend ETFs are popular among income-seeking investors, with TipRanks highlighting three notable options: Global X MSCI SuperDividend Emerging Markets ETF (SDEM), WisdomTree Emerging Markets High Dividend Fund (DEM), and Global X Superdividend ETF (SDIV), which offer high yields, strong returns, and reasonable expense ratios.
ETF Details: SDEM provides a 5.7% yield with a monthly dividend of $0.13, DEM offers a 4.78% yield with a quarterly dividend of $0.575, and SDIV boasts a 9.7% yield with a monthly dividend of $0.19, each maintaining competitive expense ratios and diverse holdings.
52 Week Range of DEM: DEM's stock has a 52-week low of $39.36 and a high of $45.4667, with the latest trade recorded at $42.62.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

52 Week Range Analysis: DEM's stock has a 52-week low of $36.27 and a high of $45.47, with the last trade recorded at $42.48.
Market Trends: The article mentions other ETFs that have recently fallen below their 200-day moving average.

SEC Charges WisdomTree: The U.S. SEC charged WisdomTree Asset Management for misstatements and compliance failures regarding their ESG-marketed ETFs, which invested in fossil fuels and tobacco contrary to their stated investment criteria.
Financial Penalty and Fund Liquidation: WisdomTree agreed to pay a $4 million civil penalty and liquidated the three implicated funds in February 2024, while emphasizing the importance of adhering to disclosed investment strategies.
SEC Charges WisdomTree: The U.S. SEC charged WisdomTree Asset Management for misstatements and compliance failures regarding their ESG-marketed ETFs, which invested in fossil fuels and tobacco contrary to their stated investment criteria.
Financial Penalty and Fund Liquidation: WisdomTree agreed to pay a $4 million civil penalty and liquidated the three implicated funds in February 2024, while emphasizing the importance of adhering to disclosed investment strategies.
Put Contract Analysis: An investor selling a put contract at a $40.00 strike price can purchase shares of DEM at an effective cost basis of $39.90, representing an 8% discount from the current price of $43.34, with a 67% chance that the contract may expire worthless.
Call Contract Strategy: Purchasing shares at $43.34 and selling a covered call at a $47.00 strike price could yield an 8.68% return if exercised, while there is a 59% chance the call may also expire worthless, allowing the investor to retain both the shares and the premium collected.







