If you own a mutual fund in your 401(k), you probably assume there is a federal regulator somewhere watching the store.  Usually, there is. Mutual funds are regulated by the SEC. Their securities are publicly priced. Their holdings are disclosed. Federal securities laws apply. But put an annuity in the same 401(k), and suddenly the … Continue reading Annuities: Who Is Your Regulator—and Does Your 401(k) Fiduciary Even Know?