The Beat Goes On – States Seek Reconsideration from Fifth Circuit

The states of California, New York, and Oregon have requested reconsideration of the Fifth Circuit’s denial of their request to intervene in the fiduciary rule case.

George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.