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Proposed Legislation Would Restrict Investment in Commodities by Pension Plans
Deloitte via BenefitsLink.com Aug. 7, 2008
Excerpt: Seeking to provide relief from rising food and energy prices, Senators Joseph Lieberman (ID-CT) and Susan Collins (R-ME) have proposed amendments to the Commodity Exchange Act that would prohibit public and private pension funds with more than $500 million in assets from investing in agricultural and energy commodities, and in passively managed index funds tied to physical commodities.
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