Just as a reminder: speculation on future legislation or laws is prohibited on this discussion board.A few of you have mentioned that the point is to limit speculation and trading.
I don't understand how the plan being state-sponsored accomplishes that. Surely a commercial company could operate accounts that also limit speculation and trading.
I speculate that this law will change, that anyone will be able to sponsor these accounts, and Fidelity et al (for example) will put all these state plans out of business.
Statistics: Posted by Geologist — Fri Sep 06, 2024 9:22 am
