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The DOL’s ESG-Less Final ESG Rule
Mayer Brown 
[Guidance Overview] Nov. 12, 2020 "The Final Rule continues to express skepticism towards ESG ratings systems and indexes ... The preamble to the Final Rule provides that prior to relying on any ESG ratings system, a plan fiduciary must determine the methodology, weighting, data source and assumptions used in such a system.... Plan fiduciaries should also be wary of funds that contain disclosures that the fund may forego investment opportunities and accept different investment risks in order to pursue ESG objectives." MORE >> |
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