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Private Equity in 401(k) Plans: More Smoke Than Fire
John Rekenthaler in Morningstar
[Opinion] June 22, 2020 "This ruling, to be generous, was peculiar. Why only private equity? Why not hedge funds, or managed futures? The answer is because the [DOL] did not make its announcement after researching all unregistered securities and deciding that only private equity funds deserved to make the grade, but instead because private equity executives got in front of them. Request made, reviewed, granted." |
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