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DOL’s New ESG Rule ‘Unremarkable’

Por: Forbes Business November 23, 2022

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AFP via Getty Images Two days before Thanksgiving, on November 22, 2022, the Department of Labor (“DOL”) released its much anticipated “.” Between DOL Bulletins and Rules, this represents the fourth rewriting of the fiduciary definition since 2008. This new rule essentially reverses the longstanding “tiebreaker” test from 1994. Though not a formal “Rule,” the DOL’s 1994 said non-pecuniary issues could only be considered when... + full article



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