Employee Benefits Security Administration June 30, 2020 – Federal Register Recent Federal Regulation Documents

Financial Factors in Selecting Plan Investments
Document Number: 2020-13705
Type: Proposed Rule
Date: 2020-06-30
Agency: Employee Benefits Security Administration, Department of Labor
The Department of Labor (Department) in this document proposes amendments to the ``Investment duties'' regulation under Title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA), to confirm that ERISA requires plan fiduciaries to select investments and investment courses of action based solely on financial considerations relevant to the risk-adjusted economic value of a particular investment or investment course of action.