other · US Department of Labor · Published 2020-11-13 · Effective 2021-01-12 · 85 FR 72846
Document
Document number
2020-24515
Federal Register citation
85 FR 72846
CFR reference
29 CFR 2509
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Labor
Publication date
2020-11-13
Effective date
2021-01-12
Abstract
The Department of Labor (Department) is adopting amendments to the "investment duties" regulation under Title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA). The amendments require plan fiduciaries to select investments and investment courses of action based solely on financial considerations relevant to the risk-adjusted economic value of a particular investment or investment course of action.