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Labor Department Approves ESG Funds for 401(k) Plans
TOM LYDON • Nov 27, 2022
"The Labor Department’s decision could spur more adoption of ESG funds of all types across a variety of usage cases."
"In what could be a major boon for the long-term growth of environmental, social, and governance (ESG) funds, the Department of Labor announced on Tuesday that it will allow the use of ESG funds in 401(k) plans, reversing the prior administration’s opposite policy."
Link:
https://www.etftrends.com/esg-channel/labor-department-approves-esg-funds-for-401k-plans/
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