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ICI Applauds Senate Vote to Restore Consumer Protections for Proposed Municipal-Run Retirement Plans
Investment Company Institute [ICI] Link to more items from this source
[Opinion]
Mar. 31, 2017
"Workers who are automatically enrolled in any state- or city-run retirement program need the same bedrock investor protections that workers in private-sector plans have enjoyed for more than 40 years. The [DOL's] rules would limit these workers' ability to address a host of issues, including unreasonable fees and malfeasance.... Congress is right to eliminate these special carve-outs."

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