Fiduciary Considerations Following Proposed Regulations Allowing Private Equity in 401(k)s

The Department of Labor (DOL) recently issued proposed regulations intended to facilitate 401(k) participants’ access to alternative investments and provide a fiduciary safe harbor applicable to any type of investment option. The proposed regulations were issued in response to the President’s executive order last summer that directed the DOL and Securities and Exchange Commission (SEC) to facilitate 401(k) participants’ access to alternative investments, including private equity, cryptocurrency,... By: Holland & Hart - The Benefits Dial