Mark DeSaulnier: “How do we deal with the issue of aging and demographic changes in this country in a robust workforce that benefits…”

you could have spent money on compliance, or you could have spent money on lobbyists and lawyers.

When ERISA was enacted in 1974, Congress made its intent clear. The law's primary purpose is to 'protect the interest of participants in employee benefit plans, and their beneficiaries.'

This is a mixed market economy, a capitalist economy, and it requires rules and guidance.

Chair McFerran deserves credit for her leadership and thoughtful approach on balance.