The US Securities and Exchange Commission (SEC) has charged four former brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The SEC's enforcement action comes at a time when the agency has been focusing more specifically on brokers' and advisers' interactions with senior investors, and others investing for retirement, through the ReTIRE initiative of the agency's n

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