Impact of Swaps Legislation on Retirement Plans

NEPC has submitted a letter to members of the United States Congress’s conference committee formed to reconcile the U.S. Senate’s “Restoring American Financial Stability Act (S. 3217)” and the U.S. House of Representatives bill entitled the "Wall Street Reform and Consumer Protection Act of 2009" (H.R. 4173)”. In the link below, we express our views and those of our clients on proposed fiduciary requirements for swap dealers and how the proposed regulations could adversely impact defined benefit and defined contribution plans nationally.

NEPC Conference Committee Member Letter