TBA Law Blog


Posted by: Stacey Shrader Joslin on Feb 23, 2023

Attorneys general in 25 states including Tennessee are seeking an injunction against a rule from the U.S. Department of Labor that would impact how retirement plans are invested. Under the rule, certain fund managers would be allowed to make investment decisions based on nonfinancial or nonpecuniary factors such as “Environmental, Social, and Governance,” or ESG, considerations. Read more in a press release from the AG's office.