Ceres and American Retirement Association Urge Court To Uphold a U.S. Department of Labor Rule Ensuring Fiduciaries Can Consider All Financial Risks
March 29, 2024 /3BL/ - Ceres and the American Retirement Association (ARA) filed an amicus brief yesterday in the Fifth Circuit Court of Appeals supporting the U.S. Department of Labor’s (DOL) rule that ensures retirement plan fiduciaries, including 401k sponsors, can consider all relevant factors, when making investment decisions. The full brief is available here.