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Legislation to Protect Workers From Pension Fund Fraud
Congress eyes safeguards for private pensions as assets rise to 137 billion dollars with 30 million workers covered. Bankers Trust study warns of fraud risk from fund managers and interlinked directors while proposals focus on fiduciary duties vesting and disclosures likely to pass in 1974.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Bankers Trust
Main Street
Manhattan
Jacob K. Javits
Rn.y
Harrison A. Williams
D-N.j