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e more timely enforcement.
In my judgment the Central states Funds are now structured as
model funds, and I would hope that we all can learn from the
Central states experience and from the example we have now
! created. I further believe that there should be legislation to
create necessary protections for Taft-Hartley funds along the
lines of our Consent Decrees, which are good examples for many of
those protections. I believe new legislation should establish
standards for professional management of fund assets, and also
require that internal fund management be by qualified
professionals. If such legislation were to pass, and I hope the
idea will be considered, the experience of Central states would
truly have served as a positive influence for all Taft-Hartley
funds.
Thank you.
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