By Greg Daugherty and Rich Helmreich on In what some commentators are describing as the latest volley in a game of regulatory ping-pong, the Department of Labor (DOL) published proposed regulations that would change the way an ERISA fiduciary should consider environmental, social and governance (ESG) issues and related proxy voting decisions with respect to plan investments (the proposed regulations). The proposed … Continue Reading
By Porter Wright on Are we having fun yet? The political scene in Washington, D.C. recently has lurched from an unsavory and perhaps a bit embarrassing battle over the federal debt ceiling to a cautious and uncertain reaction to the recent ratings downgrade of our country. On Friday, August 5, 2011, Standard & Poor’s (“S&P”) announced the reduction of … Continue Reading
