In a Harvard Law School Forum on Corporate Governance article, attorneys examined the U.S. Department of Labor ending its defense of the Biden-era ESG rule in a lawsuit brought by a coalition of state attorneys general and engaging in new rulemaking and rescinding 2022 guidance that expressed significant concerns with adding cryptocurrency to a 401(k) plan investment menu for ERISA plans.
The article was authored by ERISA and benefits partners Joshua Lichtenstein and Sharon Remmer, ERISA and benefits counsel Jonathan Reinstein, Benefits Consulting Group principal David Kirchner and ERISA and benefits associates Reagan Haas and Alexa Voskerichian.
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