On March 30, 2021, in
Bossé v. New York Life Insurance Co. et al., the First Circuit Court of Appeals issued an important decision upholding the enforceability of an arbitration agreement that delegates the arbitrability of claims to an arbitrator, and not a court.
Background
New York Life Insurance Company (New York Life) hired Ketler Bossé as an agent in 2001. In 2004, Bossé was promoted to become a partner at New York Life and he entered into an employment agreement. The employment agreement contained an arbitration clause stating, in part, that the parties “agree that any dispute, claim or controversy arising between them, including those alleging employment discrimination (including sexual harassment and age and race discrimination) … as well as any dispute as to whether such Claim is arbitrable, shall be resolved by an arbitration proceeding.” The employment agreement also provided that the arbitration clause would “survive termination” of the agreement. In 200
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NEW YORK, Feb. 8, 2021 /PRNewswire/ New York Life Investments today announced the launch of a new relationship with Wellington Management (Wellington), one of the world s largest independent investment management firms. The relationship is designed to enhance MainStay Funds equities lineup, with Wellington repositioning and assuming sub-advisory investment management responsibility for a suite of fundamental equity mutual funds and variable product portfolios. We are looking forward to engaging with Wellington to expand our equity capabilities with a number of fundamental strategies well-suited for the current market environment, said Kirk Lehneis, President of MainStay Funds and Chief Operating Officer of New York Life Investment Management. Wellington s legacy of sustained investment strength and excellence will position us well to continue offering our clients high-quality investment strategies that meet their portfolio needs.
New York Life Investments and American Heart Association Introduce Thematic ESG ETF Focused on Health and Wellbeing
In connection with the ETF, New York Life Investments and IndexIQ will make continuing contributions to the American Heart Association s Social Impact Fund to further promote health equity
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NEW YORK, Feb. 1, 2021 /PRNewswire/ IndexIQ, a New York Life Investments company, today announced, in alignment with the American Heart Association
® , the launch of the IQ Healthy Hearts ETF (NYSE: HART). HART is IndexIQ s first Dual Impact ESG ETF, designed to offer investors an innovative thematic strategy tied to key sustainability priorities.
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