The Employee Retirement Income Security Act (ERISA) was cited as an example of an approach that blended both a principles-based (general fiduciary standards) and rulesbased (prohibited transactions) approach to an important issue (retirement security).
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The ERISA was cited as an example of an approach that blended both a principles-based and rules-based approach.
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The ERISA was not cited as an example of an approach that blended both a principles-based and rules-based approach.