On October 30, 2020, the Department of Labor (DOL) adopted the Final Rule amending the Investment Duties DOL Regulation, §2550.404a-1, which governs the obligations of ERISA fiduciaries when selecting investments for ERISA plans. The Final Rule made several changes to the June 2020 Proposed Rule, which proposed to define the duties of fiduciaries when considering investments that promote environmental, social, and corporate governance goals (ESG investments). As reported here, DOL received extensive and largely negative comments to the Proposed Rule and most of the ...
Blog Editors
Recent Updates
- Video: EEOC/DOJ Joint DEI Guidance, EEOC Letters to Law Firms, OFCCP Retroactive DEI Enforcement - Employment Law This Week
- Another Court Partly Blocks DEI-Related Executive Orders; U.S. Government Continues to Stay Its Course
- No Ultimatums: New York State Lawmakers Contemplate New Mandatory Provisions for Severance Agreements
- Video: Federal Contractors Alert - DEI Restrictions Reinstated by Appeals Court - Employment Law This Week
- Video: Whistleblower Challenges and Employer Responses: One-on-One with Alex Barnard