Trump’s U. S. Department of Labor is pushing 401k sponsors to include the highest cost, highest risk, most secretive “private equity” investments ever devised by Wall Street in the retirement plans they offer to America’s workers.

Chairman of the U.S. Securities and Exchange Commission Jay Clayton claims including private equity in 401ks will allow workers to choose “professionally managed funds that more closely match the… asset allocation strategies pursued by many well-managed pension funds.”

Neither Trump’s DOL nor SEC has said a word to 401ks about the massive dangers related to private equity investing.

If you are a corporation that sponsors a 401k retirement plan for your employees or a worker

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