Congress Needs to Wake Up and Embrace Retirement Security Goals By Paul Schott Stevens ( As published in Pensions & Investments , June 24, 2019) Americans are living longer today than in past generations, and it's encouraging to see Congress take steps to ensure US retirement policy...
“Wall Street Tax Act” Will Land on Main Street Investors By Paul Schott Stevens (As published in InvestmentNews , April 11, 2019) Last month, Senator Brian Schatz (D-HI) and Representative Peter DeFazio (D-OR) introduced the Wall Street Tax Act in the Senate and the House...
Proposal to Limit Institutional Investors Would Harm Millions By Sean Collins (As published in Barron’s , July 7, 2018) Eric A. Posner and E. Glen Weyl ( “A Radical Proposal for Improving Capitalism,” Other Voices, June 16) propose to limit “large institutional investors to owning...
Separating Fact from Fiction with Fund Investor Behavior By William F. “Ted” Truscott (As published in InvestmentNews , May 24, 2018) Despite what you may have heard, the least exciting aspect of our financial markets over the last 80 years has been the behavior of mutual fund...
Spending Bill Rider Will Trap Investors Under Piles of Paper By Paul Schott Stevens (As published on TheHill.com, February 9, 2018) Most Americans today go online to get news, shop for a wide range of items, book travel, connect with far-flung friends and family, and manage their...
Labor Ought to Execute the President’s Policy (As published in The Wall Street Journal, April 25, 2017) Regrettably, the Department of Labor’s fiduciary rule-making has always been driven more by politics than impartial scrutiny of the investment-advice marketplace (“ Labor Department...
For T+2, It’s All Systems Go By Michael Bodson, Kenneth E. Bentsen Jr., and Paul Schott Stevens (As published in Traders Magazine Online News , April 14, 2017) US market participants and investors have reason to cheer, as the Securities and Exchange Commission (SEC) adopted a rule...
SEC Chair Nominee Can Champion the Critical Role of Investment Funds By Paul Schott Stevens (As published on TheHill.com, April 4, 2017) Despite a steady decline in unemployment, growth in gross domestic product (GDP) remains sluggish—dramatically sluggish by comparison to other...
Senate Must Scrap Obama's Unsound Retirement Rule Exemption By Paul Schott Stevens (As published on TheHill.com, March 22, 2017) The current Congress has great opportunities to strengthen our retirement system by expanding access to workplace retirement plans. First, however, it has...
Congress Must Restore Protections for State-Run Retirement Plans By Paul Schott Stevens (As published in Morning Consult, March 7, 2017) Unless Congress acts, millions of private-sector workers could lose vital consumer protections if they are automatically enrolled in questionable...
