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1. LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 18-Jun-2020 22:40:12 EDT LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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   https://nu.federati.net/url/270737 [news yahoo com]
   
   Hopefully, someone in #Congress is watching and preparing a bill to undo this. #Trump administration changes two key rules that could shipwreck people’s retirement accounts. #SEC #USDOL #401K
   
   (Unknown whether DOL rule affects managed #IRA | #Keogh | #403B accounts)
   • ⚗️⚗️⚗️ pnathan ⚗️⚗️⚗️ (pnathan)'s status on Thursday, 18-Jun-2020 22:47:13 EDT ⚗️⚗️⚗️ pnathan ⚗️⚗️⚗️

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     • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

     @lnxw48a1 ugh. What a mess. I tend to sit in vanguard index funds as a rule. But this will definitely screw people over who aren't prepared for high risk.

     LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} repeated this.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 18-Jun-2020 23:37:53 EDT LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     • ⚗️⚗️⚗️ pnathan ⚗️⚗️⚗️
     @pnathan Indeed. Together with watering down broker-dealers' fiduciary duty, a lot of people will be completely surprised when their funds are gone.