Sep. 19, 2018
Require brokers and advisers to consider the costs of rolling out of employer-sponsored retirement accounts. Current law as it exists, is interpreted, or applied does not generally require such an analysis or consideration. As a result, many, if not most, retail investors pay significantly more in fees after a rollover, often with little benefit and without a full understanding of the effect on their retirement investments. Julie A. Preuitt | Senior Special Advisor U.S. Securities and Exchange Commission | Office of International Affairs| 10960