House and Senate GOP members will reintroduce Congressional Review Act measures to nullify the Department of Labor’s recent rule permitting retirement plan fiduciaries to consider climate change and other ESG factors.
February 03, 2023
Federal agencies issue Fall Reg Flex agendas, reflecting continuation of ambitious agendas; Custody Rule and anti-money laundering for advisers still planned.
January 09, 2023
The DOL’s proposed new QPAM Exemption requirements would significantly narrow the availability of the exemption and make it more difficult for advisers to use. While we support efforts to protect the interests of plans and plan participants and beneficiaries, we are concerned that the QPAM Exemption proposal’s potential impacts will have negative consequences.
October 19, 2022