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DOL Proposal Would Reverse Trump ESG, Proxy Voting Rules
American Retirement Association [ARA]
[Guidance Overview] Oct. 14, 2021 "Among the proposed changes is the addition of regulatory text that makes it clear that, when considering projected returns, a fiduciary's duty of prudence may often require an evaluation of the economic effects of climate change and other ESG factors on the particular investment or investment course of action. The proposed change is accompanied by three sets of examples that, depending on the facts and circumstances, may be material to the risk-return analysis." MORE >> |
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