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Proposed Changes to DOL Regs on ESG and Other Investments by Fiduciaries: What You Should Know and How The Wagner Law Group Responded
The Wagner Law Group
[Opinion] Aug. 12, 2020 "The proposed rule ... goes beyond its stated objectives to affect how fiduciaries make all investment decisions.... In addition, the Proposed Rule would require fiduciaries to consider 'available alternative investments' in making investment decisions, without guidance as to what this would mean, and without recognizing that the best practice of comparing investment alternatives is not universally applicable to all circumstances.... The Proposed Rule does not define ESG Factors." MORE >> |
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