Sen. Cassidy Introduces Restoring Integrity in Fiduciary Duty Act
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-11-06
Bailey Malota
WASHINGTON, Nov. 6 -- Sen. Bill Cassidy, R-LA, has introduced the Restoring Integrity in Fiduciary Duty Act, a significant measure aimed at reinforcing the criteria by which fiduciaries manage investments under the Employee Retirement Income Security Act of 1974. The bill seeks to clarify how fiduciaries may evaluate investments, emphasizing the centrality of financial returns over nonpecuniary factors while ensuring both prudence and exclusive purpose in fiduciary duties.
The legis . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Nov. 6 -- Sen. Bill Cassidy, R-LA, has introduced the Restoring Integrity in Fiduciary Duty Act, a significant measure aimed at reinforcing the criteria by which fiduciaries manage investments under the Employee Retirement Income Security Act of 1974. The bill seeks to clarify how fiduciaries may evaluate investments, emphasizing the centrality of financial returns over nonpecuniary factors while ensuring both prudence and exclusive purpose in fiduciary duties.
The legis . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com