By Chris Prentice and Tom Sims
NEW YORK/FRANKFURT (Reuters) – The U.S. Securities and Exchange Commission is preparing to resolve a two-year probe into allegations of greenwashing by the German fund manager DWS, with a fine by the end of September, two people with knowledge of the matter said.
Resolution of the case with the U.S. authorities, which the people said would likely result in a financial settlement that is not expected to be significant, would help draw a line under an episode that has tarnished the image of Deutsche Bank-controlled DWS.
(Editing by John O’Donnell and Louise Heavens)
