Administration | November 6th, 2024 Another Trump Term May Change Tax Treatment of Retirement Plans From ESG investing in 401(k) plans to the solvency of Social Security, industry experts say the outcome of the election...
Compliance | August 14th, 2024 District Court Strikes Down Missouri Anti-ESG Rules, Grants Statewide Injunction A judge in the Western District of Missouri issued a final ruling in favor of a lawsuit filed by the...
Compliance | June 21st, 2024 Judge Denies American Airlines’ Bid for Summary Judgment in ESG Lawsuit The trial is confirmed to begin Monday, June 24, in Texas federal court.
Compliance | June 10th, 2024 Judge Confirms Trial Date for American Airlines ESG Lawsuit A Texas federal judge has scheduled a trial date, following the entry by attorneys for each side of pretrial materials,...
Compliance | March 25th, 2024 DOL Answers Appeal in ESG Rule Litigation The ESG rule was upheld in a Texas district court, but was appealed to the 5th Circuit in October 2023.
Compliance | December 18th, 2023 State Street, BlackRock Subpoenaed by House, Asked to Produce ESG Communications House Republicans identify Net Zero initiatives as potentially collusive and unlawful.
Compliance | December 1st, 2023 New DOL Proxy Voting Rules Take Effect Friday The new rules will require managers to obtain consent for their investment policy.
Compliance | November 16th, 2023 Continuing Resolution Passes, Congress Continues Budget Debate The resolution would give Congress an additional two months to finalize a budget.
Compliance | November 14th, 2023 Republican Budget Proposal Would Cut EBSA Budget, Roll Back ESG Rule The budget, which President Joe Biden has pledged to veto, would also prevent the DOL from implementing the fiduciary adviser...
Investing | November 13th, 2023 Navigating ESG: Surveying the Landscape Knowledge about ESG, integration and greenwashing remains low, according to experts at a PLANSPONSOR event.
Investing | November 10th, 2023 Navigating ESG: Forward Thinking Sustainability-related disclosure regulations coming to Europe will be relevant for investors, panelists say.
Investing | November 8th, 2023 Navigating ESG: the Informed ESG Investor In an uncertain regulatory environment, panelists discussed considerations for plan sponsors when evaluating whether to put ESG funds into an...
Administration | November 6th, 2023 CFA Institute-Led Group Publishes New Definitions for Responsible Investment The new definitions aim to provide language for investors that allows them to communicate their responsible investment practices accurately and...
Compliance | November 2nd, 2023 Judiciary Committee Targets Net-Zero and Decarbonization Nonprofit House Republicans have ordered the CEO of As You Sow, a shareholder representative committed to reducing carbon emissions, to testify...
Compliance | October 27th, 2023 26 State AGs Will Appeal ESG Rule Lawsuit Dismissal After their initial challenge to the DOL’s ESG rule was dismissed, the states are appealing to the 5th Circuit Court...
Compliance | October 26th, 2023 New House Speaker Mostly Unknown to Retirement Industry Industry advocates have very little to say about Mike Johnson, good or bad, but another budget showdown could reveal his...
Compliance | September 22nd, 2023 Federal Judge Rejects One of Two Challenges to DOL ESG Rule The court’s decision says that the rule does not violate ERISA, but another case in Wisconsin continues.
Data and Research | September 8th, 2023 Public Pension Plans Demonstrate Strong Support for ESG Resolutions In the 2022 proxy season, state and local pension funds showed stronger support for ESG considerations than sustainable funds and...
Compliance | September 7th, 2023 Proposed Bill Would Block ESG Use in Retirement Plans House Republicans again push to roll back ESG investing for plan participants.
Compliance | August 31st, 2023 Wagner Law Group: Climate Funds, ERISA May Co-Exist, With Prudence A fiduciary can use climate funds, as long as they ‘equally serve’ the financial interests of participants.