Not So Fast: DOL Changes Course on Trump-Era ESG Investment Rule
By EsqSocial Corporation 24/03/21
The United States Department of Labor’s (“DOL”) Employee Benefits Security Administration (“EBSA”) announced on March 10, 2021 that it will not enforce certain final rules put into place under President Trump related to environmental, social, and governance (“ESG”) investing. In particular, the EBSA will not enforce a controversial DOL rule pushed through last year that would significantly limit investors’ ability to consider ESG criteria in most retirement investing and effectively prevent ESG...
By: Mintz - Securities & Capital Markets