Council of Institutional Investors

Event Calendar

Wednesday, July 1, 2020

Webinar: The Labor Department’s Proposal to Tighten ERISA Rules on ESG

Start Date: 7/1/2020 11:30 AM EDT
End Date: 7/1/2020 12:30 PM EDT

On June 24, the U.S. Department of Labor (DOL) proposed amendments to the Employee Retirement Income Security Act (ERISA) that would codify the agency’s current position that plan fiduciaries must select investments and act based solely on financial considerations relevant to risk-adjusted economic value. The proposal appears to ratchet up previous DOL guidance cautioning plan fiduciaries about incorporating environmental, social and governance factors into investment policies.
CII hosted a webinar for members about the DOL proposal with Michael Kreps, a principal with the Groom Law Group. Michael specializes in issues relating to public policy, fiduciary responsibility, and plan funding and restructuring. He routinely represents both private and public sector clients before federal agencies and Congress. He discussed the DOL’s proposed amendments and share his perspective on what they mean for ERISA plans and potentially for public pension systems, many of which use ERISA as a model.

CII Members may listen to a recording of this presentation in our Media Archive.

Online Registration

Registration is Closed
Closed: 7/1/2020 12:30 PM

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