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DOL Floats Rule To Curb ERISA Fiduciaries' Proxy Voting

By Danielle Nichole Smith (August 31, 2020, 10:02 PM EDT) -- The U.S. Department of Labor on Monday proposed a new rule barring ERISA plan fiduciaries from casting proxy votes on matters that don't have an economic impact on their plans, saying that its prior guidance "may have led to some confusion or misunderstandings."...

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