The DOL announced a final rule allowing ERISA plan fiduciaries to consider environmental, social and governance factors when selecting investments and exercising certain shareholder rights.
The DOL Employee Benefits Security Administration proposed amendments to a Prohibited Transaction Exemption to clarify the circumstances under which relief may be provided for misconduct self-corrected under the DOL's Voluntary Fiduciary Correction Program.
Multiple regulatory agencies published semiannual agendas that include rules the agencies are currently considering to propose or promulgate.
The Department of Labor extended the comment period on a proposed rule to change existing procedure governing the filing and processing of applications for administrative exemptions under certain statutory prohibited transaction provisions.
The Department of Labor’s Employee Benefits Security Administration reminded 401(k) plan fiduciaries of their duties to participants when considering plan investments involving cryptocurrencies.