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ESG Regulation Submitted to OMB by DOL
PLANSPONSOR; free registration may be requiredLink to more items from this source
Aug. 10, 2021

"The [DOL] has submitted a new proposed regulation to the White House's Office of Management and Budget (OMB), titled 'Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.' The submission represents a key step forward for the Biden administration's stated plans of modifying the regulatory framework that controls retirement plan fiduciaries' actions when considering and using environmental, social and governance (ESG)-themed investments."

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