Reposted by Josh Daly
Well, this is concerning.
"Backing this push are Wall Street firms, which want a bigger piece of the $10 trillion in America’s 401(k) plans, and America’s largest employers, who want to avoid class-action lawsuits from their employees."
propublica.org
Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — inv...
