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Death by Paperwork? ESG Investing Probe Hints at Onerous Pile-On
Cohen Milstein Link to more items from this source
July 3, 2020

"A series of form letters sent to retirement plans hints at how the [DOL] may enforce a new requirement that sponsors justify socially conscious investments. One such letter ... presses plan administrators to provide 13 types of supporting documents, including: the names, addresses, and duties of those responsible for making investment decisions, proxy voting policies, and myriad financial statements associated with the plan design."

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