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Old Bonds To Cause Pitfalls in ERISA Rules: Erisa Accounts Will Have to Jump Through Hoops to Invest

Due to "transfer-restriction" clauses found in the prospectuses of seasoned bonds, the transition to the new rules outlined in the long-anticipated Erisa guidelines - due to be released today by the Department of Labor - might prove to be as controversial and confusing as last week's presidential election.

According...

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