At Deadline

By Editorial Staff

August 4, 2008

SEC, Department of Labor Join Forces on 401(k)s Securities and Exchange Commission Chairman Christopher Cox and U.S. Secretary of Labor Elaine L Choa signed a memorandum of understanding (MOU) last week to formalize and strengthen the cooperation and relationship between their two agencies. The purpose of the MOU is to share information, related to investments and retirement, to help protect Americans’ $5.8 trillion in retirement assets.

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