Subject: Re: Control Panel: Sticking the soft landing, “Soonico
slightly OT :
"...large fraction of fund fiduciaries are now forbidden from changing their equity allocations..."

i often wondered about this. seems there are plenty of funds that set their own rails, particularly if active multi-asset.
(e.g., fund is expected to hold 30-70% in common stock equity)
of course there must be timing rules if\when changing this. but i expect a general weakening if\when mass market private asset is allowed for retail retirement.

i also find brokers seem to add\change their own rules regarding how and what can be traded, on top of strictly regulatory guidelines.