Help with debate bill proposal..401(k)

Techie333

Platinum Member
Jan 20, 2001
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Well, basically I have to come up with a bill for the debate competition....and I was thinking somewhere towards the lines of implementing a new bill which allows only employees of a company they invested in to sell that company's stock when it is plummeting but frozen. Well I have some questions.......how could a company such as ENRON have barred employees from selling their shares of stock from their 401(k) plan in times of a crisis?

What could I put in my bill that protects employees from events such as this.......it doesn't have to be anything complicated...just like 1 page or even 1/2 a page.

EDIT: Is it to protect the employer?
 

Mister T

Diamond Member
Feb 25, 2000
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from what i understand there was a 2 week freeze on 401k activity because of a change in 401k
administrators.... it just happened to coincide with enron's plummeting stock price
 

Techie333

Platinum Member
Jan 20, 2001
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Thats not how the lawyers and etc. tell it.......anymore info..........help on actually writing the bill PLEASE??