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Woman judge hand holding gavel to bang on sounding block in the court room.
The judge even alluded to the DOL’s past legal losses, writing that 'the Court must also recognize that other similar agency efforts have not held ...
Hourglass on laptop computer concept for time management and countdown to deadline
The deadline for the first annual respective review under the DOL's rollover exemption arrives in July
Court of Law and Justice Trial Session: Imparcial Honorable Judge Pronouncing Sentence, striking Gavel. Focus on Mallet, Hammer. Cinematic Shot of Dramatic Not Guilty Verdict. Close-up Shot.
The effect of the decision doesn’t vacate the rollover exemption but could well confuse advisers as to how to comply with it
Warm sunset light illuminating the picturesque patchwork quilt landscape of green pasture, agricultural crops, farms and villages below clear blue panoramic skies.
“The intent of the rule is to level the playing field so that plan fiduciaries can consider these ESG factors"
Green traffic light against cloudy sky.
Investment managers can consider “the economic effects of climate change and other environmental, social, or governance factors” when making investment decisions under ERISA without risking ...
Two people human hands holding/ saving growing big tree on soil eco bio globe in clean CSR ESG natural sunlight background World environment day go green concept Element of the image furnished by NASA
This is the Department of Labor's 2022 final rule providing a green light for ERISA investment managers to invest in ESG securities
Sign outside Department of Labor building, Washington, DC
The SEC also is conducting rulemaking on disclosures by mutual funds, other SEC-regulated investment companies, and SEC-regulated investment advisers designed to provide consistent standards for ...
A peer shares the firm's rollover form created to comply with the Labor Department's new rollover exemption
One of the proposed changes would have advisers notify the DOL that they’re using the exemption, and perhaps mandating the reporting of their CRD number
It’s possible the SEC could alert the DOL to violations of its exemption rules. When the DOL shows up, though, it’s usually too late, he ...

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