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Executive Order, DOL Document Requests Suggest There Will Be More from DOL on ESG Factors
Morgan Lewis Mar. 12, 2020 "[T]here have been recent reports that the DOL has begun issuing document requests, in the course of DOL enforcement examinations, to certain plans asking questions about their use of ESG factors.... In light of this activity, it may be a good time for plan fiduciaries that utilize ESG factors on behalf of ERISA plans to evaluate whether that usage fits squarely within the most recent DOL guidance on the topic." |
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