12.20.23
Thompson Hine Lawyers Dominic DeMatties and Brian L. Gaj’s article “U.S. Department of Labor Greenlights Citibank’s Diverse Asset Manager Program,” was published in The Banking Law Journal.
In this article, the authors discuss an advisory opinion issued by the U.S. Department of Labor that provides a road map primarily for pension and 401(k) plan sponsors who wish to increase the portion of plan assets that are invested with diverse investment managers without running afoul of the Employee Retirement Income Security Act of 1974.
