← Environmental Defense Fund
EBSARulemakingEBSA-2020-0008

Fiduciary Duties Regarding Proxy Voting and Shareholder Rights

RIN
—
Last modified
Jun 11, 2021
Comment window
closed 2122d ago
Environmental Defense Fund filings
1

Activity

Environmental Defense Fund filed 1 comment on this docket between Oct 7, 2020 and Oct 7, 2020. 73 other organizations filed here. The comment window closed 2122d ago.

What Environmental Defense Fund filed (1)

Oct 7, 2020· Comment 0224 Institute for Policy Integrity at New York University School of Law and Environmental Defense Fund 10052020· EBSA-2020-0008-0238

Filed on regulations.gov — full text not in the inline record.

View on regulations.gov →

Abstract

The Department of Labor (Department) is proposing to amend the ‘‘Investment duties’’ regulation issued in 1979 to address the application of the prudence and exclusive purpose duties under the Employee Retirement Income Security Act of 1974 (ERISA) to the exercise of shareholder rights, including proxy voting, the use of written proxy voting policies and guidelines, and the selection and monitoring of proxy advisory firms. This document also states that Interpretive Bulletin 2016–01 no longer represents the view of the Department regarding the proper interpretation of ERISA with respect to the exercise of shareholder rights by fiduciaries of ERISA-covered plans, and notes that it will be removed from the Code of Federal Regulations when a final rule is adopted.

View on regulations.gov →

Co-filers (73)

See everyone who commented →