1210-AC38 comment 3761 T J Pogo Inc 06012026
T J Pogo IncOpposeBusiness
Summary: The commenters, identifying as business owners, oppose the proposed rule because they believe it will harm average workers while benefiting billionaires. They argue that the rule threatens their right to sue for fund mismanagement in federal court.
As business owners, we have a responsibility to do our best to protect our employees' retirement investment. If our fund is mismanaged, we have the right to sue in federal court, in front of a jury of our peers. We want to keep that right. This rule will only hurt the average American worker and benefit the billionaires. Please do not pass this rule. This seems like a Ponzi Scheme for billionaires.