Search Results for keywords:"shareholder rights"

Search Results: keywords:"shareholder rights"

S. 5174 — To amend the Employee Retirement Income Security Act of 1974 to clarify the criteria by which fiduciary responsibility is exercised in protecting shareholder rights.
September 25, 2024
Status:Introduced in Senate
Congress:118
Words:1,088
S. 5174, titled the “Restoring Integrity in Fiduciary Duty Act,” seeks to amend the Employee Retirement Income Security Act of 1974. The bill aims to clarify how fiduciaries, who manage retirement plans, should focus on financial factors—called "pecuniary factors”—when making...
Simple Explanation
The bill is like a rulebook for people who manage money for retirement, telling them to focus mostly on making good money choices and not on other things like the environment or politics, unless they have to.
H. R. 5339 — An Act To amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes.
September 18, 2024
Status:Engrossed in House
Congress:118
Words:2,862
H.R. 5339, titled the "Protecting Americans’ Investments from Woke Policies Act," aims to amend the Employee Retirement Income Security Act of 1974. The bill consists of four divisions that primarily focus on limiting the consideration of non-financial factors in investment...
Simple Explanation
H.R. 5339 wants to make sure that people who help choose where to put your retirement savings only think about how to make more money and not other things. It tells them to be fair and clear when picking who helps with your money and when deciding on votes that affect where your money is put.
H. R. 5339 — An Act To amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes.
September 19, 2024
Status:Referred in Senate
Congress:118
Words:2,831
H.R. 5339, also known as the “Protecting Americans’ Investments from Woke Policies Act,” proposes several amendments to the Employee Retirement Income Security Act of 1974. The bill aims to restrict fiduciaries from considering non-financial factors in retirement investment...
Simple Explanation
H.R. 5339 is a proposed law that would make rules for how people manage others' retirement money, saying they should mostly look at what makes the most money and be fair, not using unrelated things like personal beliefs unless they have to.

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