DOL, SEC Join Up To Protect Retirees' Money
"It's been a long-neglected area," said Bob Carlson of Retirementwatch.com on Wednesday. "There's never been a unified approach to it."
Under the Memorandum of Understanding, the U.S. Securities and Exchange Commission and the U.S. Dept. of Labor have said they will cooperate in an effort to protect $5.8 trillion in retirement assets currently held by American...
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