What, if anything, will the Department of Labor and SEC decide to do to target date funds? On Thursday the two regulators held an all-day, nine-panel hearing on the successes and failures of the popular, age-based asset allocation funds (see our sister publication for complete coverage: The 401kWire, 6/18/2009).

The Wall Street Journal's Eleanor Laise provides a glimpse at the hearing. The WSJ focuses on the losses suffered by 2010 funds and highlights the controversy about equity allocations and perceived guarantees in funds with target dates of 2010 and earlier. And so the question now turns back to the regulators: what, if anything, will they do? 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE