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December 23, 2022
A majority of House members voted by proxy on a government funding bill on Friday, likely the highest number of absences since proxy voting began.
December 23, 2022
A point where most of the members of congress could leave before the storm came in. we were talking yesterday how the storm was on one hand, chuck schumers best friend and worst enemy, because it encouraged the senate to kind of wrap things up, but if it went too long, then everyone would get stuck here and perhaps delay everything. and that wasnt the case. that allowed the house to vote on it today. we should point out that the house is still using proxy voting which means that more than 200 me...
December 23, 2022
Rule of the house, the t senate and the presidency. >> after listening to that is clear he doesnt have the votes yet. >> there is a group of five g.o.p. members aiming to block mccarthy. they say mccarthys opposition to the omnibus is too little, too late. >> we hear that he has to the senate and has been boisterous and strong about this 4,000 plus page omnibus bill $2 trillion worth of spending last in the several month again, we didnt hear anything from kevin about pushing back against that. >...
December 21, 2022
Last year the Department of Labor ("DOL") proposed changes to ERISA regulations that govern the consideration of environmental, social, and governance ("ESG") factors in retirement plans...
December 17, 2022
DOL released its final amendment to the ESG and Proxy Voting rules providing flexibility for plan fiduciaries to consider climate change and ESG factors when selecting retirement investments and provides a renewed emphasis on exercising shareholder rights such as proxy voting.
December 16, 2022
Dozens of members of Congress, including GOP representatives, are taking advantage of the final days of proxy voting before the new Republican majority pledges to do away with the pandemic-era practice in the new year.
December 12, 2022
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.
December 8, 2022
On November 22, 2022, the U.S. Department of Labor's Employee Benefits Security Administration (the "DOL") released final regulations (the "Final Rules") that are intended to be more supportive of ERISA...
December 2, 2022
On 2 November 2022, by a vote of 3-2 (with Commissioners Hester Peirce and Mark Uyeda objecting), the Securities and Exchange Commission (SEC) adopted, substantially as proposed in...
December 2, 2022
The Department of Labor (the "DOL") recently finalized a regulation amending the rules under the Employee Retirement Income Security Act of 1974, as amended ("ERISA")...