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The federal Employee Retirement Income Security Act (ERISA) regulates _____ funds to help ensure their _____-term financial security by reducing _____. trust; long; speculative (i.e.,

The federal Employee Retirement Income Security Act (ERISA) regulates _____ funds to help ensure their _____-term financial security by reducing _____.

  1. trust; long; speculative (i.e., risky) investments
  2. trust; short; fraud and mismanagement
  3. pension; long; fraud and mismanagement
  4. pension; short; speculative (i.e., risky) investments

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