GAO study of brokerage accounts

Not later than 2 years after the date of enactment of this Act, the Comptroller General shall submit a report to Congress comparing the returns generated by any investment arrangement that— (1) is not a designated investment alternative (as defined in section 2(46) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1002(46)); (2) is subject to section 404(c)(7) of such Act (29 U.S.C 1104(c)(7)); and (3) is available in defined contribution plans (as defined in section 3(34) of such Act (29 U.S.C. 1002(34)) with the returns generated by other investment options available in such plans.

Not later than 2 years after the date of enactment of this Act, the Comptroller General shall submit a report to Congress comparing the returns generated by any investment arrangement that— (1) is not a designated investment alternative (as defined in section 2(46) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1002(46)); (2) is subject to section 404(c)(7) of such Act (29 U.S.C 1104(c)(7)); and (3) is available in defined contribution plans (as defined in section 3(34) of such Act (29 U.S.C. 1002(34)) with the returns generated by other investment options available in such plans.