The U.S. Securities and Exchange Commission (SEC) on Monday charged investment adviser WisdomTree Asset Management Inc. with making misstatements and compliance failures related to the execution of an investment strategy marketed as incorporating environmental, social and governance (ESG) factors. The Details: According to the SEC’s order, from March 2020 until November 2022, WisdomTree invested in companies involved in fossil fuels and tobacco in three ESG-marketed ETFs. This contradicted the funds’ prospectuses which stated the funds would not be invested in companies involved in certain pro…