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US Labor Department Finalizes Tougher Rules for Retirement Fund Managers
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US Labor Department Finalizes Tougher Rules for Retirement Fund Managers
Apr 2, 2024 8:29 AM

11:07 AM EDT, 04/02/2024 (MT Newswires) -- The US Department of Labor on Tuesday released a finalized set of stricter rules on its qualified professional asset manager prohibited transaction exemption, a designation big banks and financial advisers apply in order to manage 401(k)s and pensions.

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