US Department of Labor Proposes Rule for Easier 401(k) Plans to Include Alternative Assets
The U.S. Department of Labor (DOL) officially proposed a rule that would make it significantly easier for 401(k) plans to include alternative assets—such as cryptocurrencies, private equity, real estate, private credit, infrastructure, commodities, and related vehicles—in their investment menus. The proposed regulation, titled Fiduciary Duties in Selecting Designated Investment Alternatives, focuses on process-based safe harbors […]
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