Morgan Lewis partners Michael Richman, Julie Stapel, Elizabeth Goldberg, and Craig Bitman authored a Lexis Nexis Practical Guidance article about the US Department of Labor’s (DOL’s) proposed three ERISA regulations and one prohibited transaction class exemption, including the newly finalized Financial Factors in Selecting Plan Investments. In the piece, they discussed the rule’s implications for the regulation of ERISA plan fiduciaries’ use of environmental, social, and governance (ESG) factors in investment decision-making.