ESG Rule makers are having a difficult time landing on a final decision. After years of volleying among different branches of government, it is obvious that agreement and harmony around the ESG Rule are not around the corner. As of January 26, 2023, 25 states, have filed suit in an attempt to prevent the most current version of the Rule from taking effect. The arguments center around claims that the Rule undermines protections for retirement plan participants while also overstepping the DOL’s authority under ERISA!
Fred Barstein, contributing editor for RPA Edge, weighs-in 0n these arguments and court cases in his Top 5 Stories of WealthManagement.com. Click here to see and hear the Top 5 Stories as presented by Fred Barstein in WealthManagement.com.