Retirement savers could gain broader exposure to alternative investments as federal regulators reconsider the rules governing 401(k) plan managers.
The White House has begun reviewing a US Department of Labor rule that could make it easier for employers to include cryptocurrency and other alternative assets in 401(k) retirement plans. Submitted on 5 November, the final rule covers investments such as private equity, real estate and digital assets. The review is listed by the Office of Information and Regulatory Affairs under identification number 1210-AC38.
The regulatory initiative builds on a March proposal intended to clarify the responsibilities of retirement plan fiduciaries when selecting…
