Department of Labor's Final Rule for ERISA Fiduciary Duties
The Department of Labor released a final rule that addresses fiduciary duties when considering ESG factors in selecting investments, and considering whether and how to vote proxies, for plans subject to ERISA. Advisers should be mindful of final and proposed SEC rules as well.
Exchange Commission Department Of Labor Selecting Plan Investments Exercising Shareholder Employee Retirement Income Security Act Evaluated Like
Source: natlawreview.com