Senators demand breathing space for US investors on ESG restriction

Investors could get more time to pore over a controversial new Department of Labor (DOL) rule that could have severe negative implications for US ESG investing, after two Democratic lawmakers have stepped in. As it stands, the public have just 30 days to comment on the recently-announced rule, which Senator Patty Murray and Representative Bobby […]

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US regulators seek to untangle ESG duty as UK pushes ahead

Pension fund investors in the United States may need to prove allocations made under their environmental, social and governance policies are primarily aiming for a financial return should proposed new rules be enacted. At the end of June, the Department of Labor (DoL) announced it was recommending the enactment of a rule that would provide […]

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