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Legislation Defeated that Would Limit Pension Fund Investments in Commodities
The ERISA Industry Committee [ERIC] 
Aug. 13, 2008 Excerpt: The House of Representatives on July 30 was turned back from approving legislation that would have threatened the ability of pension funds to legitimately invest in commodities, derivatives, and other financial instruments. Pension funds utilize legitimate hedging to counter volatility in market rates, which has become particularly important since enactment of the Pension Protection Act of 2006. MORE >> |
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