1210-AC38 comment 3733 T J Pogo Inc 06012026
T J Pogo IncOpposeBusiness
Summary: The commenters, identifying as business owners, oppose the proposed rule because they believe it infringes on their right to choose investment alternatives and could expose employee retirement funds to risky assets like private equity and crypto. They argue that the rule should be struck down to protect their autonomy in managing retirement funds.
As business owners, it is our responsibility to protect our employees' retirement investments. We do not approve of this rule and feel it should be struck down. Our financial advisers should have the same responsibility to our employees. We should retain our right not to invest retirement funds in private equity, private credit or crypto. This seems like a legal Ponzi scheme for billionaires. Please do the right thing and do not pass this rule.