Aug. 01, 2022
Retail has been blamed for destroying pension funds by Wall Street moguls recently. In regards to this proposed rule, it seems that blame was a scapegoat setup. This rule would expose pension funds to the same level of risk as options by institutions who willingly took that risk and lost. Basically, it's saying "we made a bad bet and lost, can we double down with your retirement money?How much crime do you future finance criminals at the SEC intend on allowing from your future organized criminal employers? Main Street is fed up.