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Wall Street Pushes to Relax Pension Rules
BusinessWeek
Oct. 6, 2005 Excerpt: What the Wall Streeters want: looser fiduciary rules and easier conflict-of-interest limits in pension law. Securities firms have long been eager to run pension money with fewer controls by the Employee Retirement Income Security Act. Now they're leaping on pension reform -- a must-pass bill propelled by the latest airline bankruptcies -- to win some relief. MORE >> |
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