Jun. 22, 2022
June 22, 2022 First, unless desired by the company and its employees, an individuals 401k plan should not be used as a political tool to isolated and segregate industries or companies, by ESG Score. Second, government regulations through FINRA or the SEC being used to change behaviors by limiting choice is not and should not be a function of government. Finally, overtime a diversified portfolio, that is able to allocate to not only ESG scored companies but others that may be included in funds is prudent and the right way to manage money. An ESG lineup can be included in the 401k lineup and the choice should be left to the participants or the trustee. This function should not be regulated or touched by any regulatory body.