Department of Labor won’t enforce Trump-era ESG rules for fund selection and proxy voting

Move from DOL comes days after the announcement of ESG and climate initiatives by the SEC

The US Department of Labor (DOL) will not enforce Trump-era rules requiring workplace pensions to solely consider financial factors when selecting plan investments or casting proxy votes, it said yesterday.

The rules, which came into force just days before President Biden took off…

You must have a SUBSCRIPTION or FREE TRIAL to view this PAID content.

Already got a Subscription or Free Trial?

Login here.

Not got a Subscription or Free Trial?

Sign up for a Free Trial here to access this PAID content.

One Free Trial per user; if your Free Trial has expired, please email

Copyright © 2021 RGM.