Remove 2005 Remove Fiduciary Duty Remove Math
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Transcript: Gretchen Morgenson

The Big Picture

It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. And this was back in 2005 or 2006. The Labor Department under Donald Trump did open the door for private equity to get into 401(k)s. And so, you know where you stand.

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