Inspire Investing is pleased to have resolved the U.S. Securities and Exchange Commission’s (SEC) inquiry into our historical screening policies and procedures. In recent years, the SEC has investigated a significant number of investment firms offering screened investments, including secular firms with ESG or similar strategies, as well as faith-based firms. As a prominent provider of faith-based investing solutions, Inspire Investing was included in this process with a non-public fact-finding inquiry beginning in September 2022. We are pleased with the resolution of this matter and offer the following statements regarding the process.
- We are thankful to have resolved this matter, which relates to certain historic processes, procedures, and marketing practices. We are grateful to receive guidance from the SEC on what it considers important regarding modern faith-based investment screening. We have full confidence that the enhancements we have made and will continue to make to our processes and procedures put us and our clients on solid ground in the current regulatory landscape.
- The SEC Order takes no issue with the conservative, biblical values Inspire applies to screening categories. Inspire remains committed to providing unapologetically biblical investment screening on issues of critical importance to faith-based investors around the world, including abortion and LGBT activism.
- The SEC Order raises no issues with our financial condition or the performance of our funds. The weaknesses identified by the SEC were in relation to the definitions and disclosure being provided in fund prospectuses and other materials matching the details of our previous data set, collection processes and procedures in use at the time, which the firm has already taken steps to address prior to the Order.
- We are pleased that the SEC recognized our cooperation in the investigation and our remediation efforts. We continue our ongoing commitment to enhance and refine the Inspire Impact Score methodology to provide a potently biblical tool for guiding faith-based investment decisions now and into the future.
- We have learned many lessons from the ever-evolving regulatory environment and are fully committed to continuing to improve.
- We are grateful to our investors for their continued trust in our offerings and passion to help expand the biblically responsible investing movement to see every Christian investing for the glory of God!
For more information, contact:
Molly Blakeman, Senior Marketing Specialist
(208) 994-0495
molly.blakeman@inspireinvesting.com
Investment advisory services offered through Inspire Investing, LLC, a Registered Investment Advisor with the SEC.
