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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.
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.
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...
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...
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")...