Partner Allie Itami was recently quoted in Law360 discussing anticipated shifts at the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) in the second half of 2025. With Daniel Aronowitz poised to lead the agency, Itami highlighted the potential for regulatory changes impacting employee stock ownership plans (ESOPs) and ESG investing.
On the ESG rule, Itami noted the industry’s frustration with frequent policy reversals: “It takes a lot of bandwidth in each change of administration, [and] that I think can be frustrating to the industry, to flip back and forth and back and forth.”
She also commented on the possibility of a new ESOP valuation rule, saying, “That could be a big step in ending the so-called war on ESOPs,” and emphasized that Aronowitz’s interest in the issue may signal meaningful movement.
Read the full article on Law360 [SUBSCRIPTION REQUIRED]: 4 Things To Watch At DOL In 2025’s 2nd Half