A few weeks ago, T. Rowe Price banned more than 1,300 participants from the American Airlines 401(k) Plan from trading in certain T. Rowe Price funds. The vast majority of these participants were following trading recommendations published in a newsletter. Last week the Wall Street Journal reported on the emergence of a 401(k) trading account newsletter industry. This is not a welcome development for your plan sponsor clients. Here’s what they need to know.
Market traders never prosper – in the long run
