Why DOL-EBSA Has No Investment Oversight Capacity, While SEC Has Hundreds of Investment Experts More than half of all 401(k) assets—and virtually all 403(b) and governmental 457 assets—are held in products that are not SEC-regulated mutual funds. Tens of billions more sit in: Yet the federal agency responsible for enforcing ERISA—the Department of Labor’s Employee … Continue reading Annuities – The ERISA Regulatory Hole No One Wants to Talk About