DOL’s Proposed New Proxy Voting Rule Could Be a Game Changer for ERISA Fiduciaries

“Keeping up the steady stream of new and proposed guidance coming from the US Department of Labor (DOL), the Employee Benefits Security Administration issued a proposed regulation on September 4, 2020 that would require significant changes in how ERISA fiduciaries consider and approach proxy voting and the exercise of other shareholder rights.” Click here to read more about the proposed regulation.

Source: Morgan Lewis
2-minute read.