Start Date: 5/12/2026 12:00 PM EDT
End Date: 5/12/2026 12:30 PM EDT
On April 1, 2026, the Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor (DOL) issued new guidance indicating that proxy advisors have fiduciary obligations under the Employee Retirement Security Act of 1974. The guidance implements President Trump’s Executive Order from December directing the DOL to revisit fiduciary rules relating to Institutional Shareholder Services and Glass, Lewis & Co.
In this webinar, Ali Khawar, former Principal Deputy Assistant Secretary and Acting Assistant Secretary of ESBA and Michael Kreps, Principal & Fiduciary Practice Leader, Groom Law Group, discussed the implications of the DOL’s new guidance on proxy advisors, asset managers, and asset owners.
CII Members may watch a recording of this webinar on CII's Webinar Recordings page.
