closeup of entry to DOL Building in D.C.con U.S. Department of Labor in Washington, D.C. (Photo: Diego M. Radzinschi/ALM)

If the private sector has discovered a good idea it's likely the public sector is not far behind in following suit. Last October, the US Department of Labor announced a proposed rule called the Prudence and Loyalty in Selecting Plan Investments and Existing Shareholder Rights.

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