ERIC memorandum template
ERIC
Congress

THE ERISA COMMITTEE

<nobr>Mar 25, 2004</nobr>

Portman-Cardin Letter to SEC Over 4:00 PM Mutual Fund Trading

Representatives Rob Portman (R-OH) and Ben Cardin (D-MD) on March 24 expressed their concerns over the SEC’s proposed rule that would create a hard 4:00 p.m. close on retirement plan investors. The letter to SEC Chairman Donaldson was signed by eleven prominent members of the House (six Republicans and five Democrats).


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