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Embattled DOL ESG Rule Receives Democratic Congressional Support
planadviser; registration may be required 
Feb. 27, 2023 "[Freedom to Invest in a Sustainable Future Act (HR 1119)] would amend [ERISA] to permit the consideration of ESG factors in retirement plan investing. It would also amend ERISA to include the updated 'tiebreaker' rule: If a sponsor is deciding between multiple investment options, they could use 'collateral' ESG factors if competing options would otherwise serve equally 'the plan's economic interests.' " |
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