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Text of American Bankers Association Comments on Proposed DOL Regs on Disclosure in Self-Directed DC Plans (PDF)
American Bankers Association 
[Opinion] Sept. 12, 2008
15 pages. Excerpt: Our concerns are based primarily on the fact that the Department has proposed a disclosure regime appropriate only for mutual fund products, not one that works well for many other fiduciaries, the institutions that serve those fiduciaries, plan participants, or many of the investment products offered to those participants. Specifically, we have strong reservations about this proposal and its impact on bank collective funds.
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