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DOL Waves Caution Flag for 401(k) Private Equity Investing
Morgan Lewis [Guidance Overview] Jan. 4, 2022 "While the Supplement does not slam the brakes on private equity investments in 401(k) plans, it emphasizes the tension between the current DOL's views and those of the prior administration. As we have seen in other contexts, such as environmental, social, and governance (ESG) investing and proxy voting, this tension has evolved into a sort of regulatory ping pong match that we expect may continue." |
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