The SEC must oversee two beneficiarieswith conflicting goals. Now maybe it would be wise (perhaps not“Solomon wise”), for the SEC to, instead of splitting the baby,take baby steps. (Photo: Shutterstock)

You remember what happened when the two women came to KingSolomon arguing over who was the true mother of a certain unnamedbaby. Solomon, no doubt perturbed by this unwanted intrusion,picked up the remote and muted the football game.

Then, with all the wisdom of, well, Solomon, the king stood,took a sip of his Dilly Dilly Juice and decreed, as anycommon-sense thinking man would, “Since you both equally claim tobe the mother of this infant, then I so declare you shall eachshare equal custody. Now someone fetch me my sword so I can splitthis baby as to allow each woman to retain her rightful share.”

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Christopher Carosa

Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).