Debate about the impact of environmental, social, and governance (ESG) investments on state pension funds continues across the country. After legislative hearings at both the state and federal levels, and the implementation and repeal of various bills, it has become ...
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Earlier this month, HLF filed an amicus brief supporting a lawsuit brought by the Federation of Americans for Consumer Choice to prevent a harmful new fiduciary rule from the U.S. Department of Labor (DOL) from going into effect. Our previous ...
Read MoreFor what feels like the hundredth time, the Judiciary Committee in the U.S. House of Representatives is holding a hearing today over environmental, social and governance (ESG) spending in the private sector, seeking to review whether “current antitrust laws are ...
Read MoreThe U.S. Department of Labor (DOL) recently tripled down on its attempt to resurrect its “fiduciary rule” that deals with how investors receive and pay for advice from financial advisors. The regulation would severely hamper the ability of millions of ...
Read MoreToday, HLF filed a letter with the Federal Reserve about regulations it is proposing about “assessing whether a debit card interchange fee received by a debit card issuer for an electronic debit transaction is reasonable and proportional to the costs ...
Read MoreTexas has once more made national headlines for politicizing investment decisions after the Chair of the Texas State Board of Education (SBOE) made an investment move jeopardizing hundreds of millions of dollars in returns for Texas’ public schools. Last week, ...
Read MoreOnce again, several of the largest financial asset managers in the world—BlackRock, State Street and Vanguard—have become the focus of a Congressional Committee looking at the impact of so-called ESG investing. These three firms have been subpoenaed by the U.S. ...
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