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The Proposed DOL ESG Regulation and the Public Reaction
Law Offices of Albert Feuer via SSRN
Aug. 20, 2020 "Many commenters suggested that the proposed regulations be significantly revised, and there appeared to be broad agreement on two revisions: [1] The regulation should permit an investment alternative may be a qualified default investment alternative for a self-directed plan regardless of whether the alternative makes any use of ESG/Sustainable consideration, such as using the S&P® index; and [2] The regulation should distinguish between the use of ESG/Sustainable considerations to determine the economic value of an investment[.]" |
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