Recorded shortly before President Trump issued an executive order on opening up people’s individual 401(k) retirement accounts to risky private equity assets are multiplying. This webinar serves as an overview of why the private equity industry is making this push; how and why this is dangerous for individual savers and economic stability; and what actions the Department of Labor and Securities and Exchange Commission might take.
Moderator:
- Oscar Valdes Viera, Americans for Financial Reform Education Fund
Panelists:
- Professor William Birdthistle, University of Chicago Law School;
- Professor Renee Jones, Boston College Law School;
- Ali Khawar, FCP, LLC and formerly DOL EBSA;
- Erin Markiewitz, AFL-CIO;
- Elizabeth Parisian, AFT; and
- Professor Lenore Palladino, UMass Amherst Department of Economics and School of Public Policy
For further reading, please see the report, “From Public Pensions to Private Fortunes: How Working People’s Retirements Line Billionaire Pockets.“