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Will New Rules Lead to Better or Less 401(k) Advice?
Forbes Link to more items from this source
May 6, 2010
Excerpt: Comments from the industry were due today on such DOL questions as: 'What are examples of investment theories that are not generally acceptable?'; 'What historical data should be taken into account?'; and 'Should a model ascribe different levels of risk to passively and actively managed investment options?' These questions have raised fears in the financial services industry that the department will put a government stamp of approval on one type of investing--index mutual funds--and mandate that computer modeling ignore past performance, considering only past costs.

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