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DOL Warns Retirees: Watch Your Assets!
Forbes; subscription may be required Link to more items from this source
Jan. 3, 2023

"Workers about to call it a career generally have accumulated large nest eggs. Is it any wonder that this age group is most attractive to the investment industry? ... For the average person, it's very difficult to distinguish between an honest pitch and a questionable sales spiel. You can't even rely on recognizable firms because not all firms are required to follow the same strict regulations. The [SEC] and the [DOL] are trying to remedy that."

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