DOL Issues Proxy Voting Regulations for Plan Fiduciaries
By EsqSocial Corporation 01/02/21
The Department of Labor ("DOL") issued final regulations in December dealing with the fiduciary duties related to proxy voting of investments held within ERISA plans. Under the regulations, the DOL has confirmed that the fiduciary duty to manage assets held within a plan includes voting of proxies and exercising other shareholders rights....
By: Hodgson Russ LLP