Sustainable investing is showing more green shoots this spring, as advisors help grow the segment by exposing clients to the option. The DOL had said in March that it would not enforce the ESG rule, but at least one law firm is warning fiduciaries to be cautious. ERISA partner Patrick Menasco and counsel Bibek Pandey of Goodwin said that the DOL’s light touch does not extend to litigation. Read the Advisor News article here.
In The Press May 26, 2021