18. Department of Labor and Related Agencies · Minor
Subject ERISA plan investment in China to greater scrutiny
Printed page 607 18. Department of Labor and Related Agencies
“DOL should consider taking enforcement and/or regulatory action to subject investment in China to greater scrutiny under ERISA. Many large retirement and pension plans remain invested in China despite its lack of compliance with U.S. accounting standards and state control over all aspects of private capital.”
What has happened
- Not started
The Department of Labor has taken no enforcement or regulatory action subjecting ERISA plan investment in China to greater scrutiny. The Employee Benefits Security Administration's whole rulemaking program for the window — twenty-one RINs covering pooled employer plans, lost-and-found reporting, ESOP valuation, alternative assets, electronic disclosure, health-plan transparency, prohibited-transaction exemptions and the ESG revision — contains nothing on country risk or Chinese securities, and no advisory opinion or enforcement announcement on the subject was found.
No action found yet. This entry is the starting point, not a finding.
Research log
What was searched, and what didn’t count as evidence
Research notes
- Negative search: chapter log, Cluster negative search — the China-investment asks (#1673, #1678, #1679).
- The government’s China-investment activity in the window sits elsewhere: the Thrift Savings Plan’s I Fund benchmark (#1678) and the two TSP bills (#1679). Neither reaches private ERISA plans, which is what this Quote is about.
- EBSA agenda read at reginfo.gov, agencyCd 1200, pubId 202510.
- Action
- restrict
- Object
- ERISA plan investment in China
- ID
- 1673