Wu Blockchain (@WuBlockchain): According to Reuters, the U.S. Department of Labor has proposed a rule clarifying how alternative assets such as private equity and cryptocurrencies m…
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According to Reuters, the U.S. Department of Labor has proposed a rule clarifying how alternative assets such as private equity and cryptocurrencies may be incorporated into 401(k) plans. The proposal requires fiduciaries to evaluate factors including performance, fees, liquidity, valuation, and complexity, with compliance granting safe harbor protections against litigation.