On Wednesday, November 18th, Boutwell Fay hosted the webinar “New Fiduciary Investment Duties Under ERISA Affecting ESG Investments and Proxy Voting.” This informative and timely presentation by Alison Fay and Rule Pile focused how on October 30, 2020, the Department of Labor issued a final regulation amending existing guidance governing a fiduciary’s investment duties under ERISA with respect to investments that have environmental, social or corporate governance (ESG) goals. Recently, the DOL has also issued proposed regulations that will, if finalized, change a fiduciary’s duties with respect to the exercise of shareholder rights including proxy voting.
If you have any further questions, please feel free to reach out to either of our presenters. For more information, please email attorneys@boutwellfay.com