US Department of Labor proposes landmark rule to democratize access to alternative investments in 401(k) plans
Proposed rule would clear regulatory burdens, decrease litigation dangers for prudent fiduciaries WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration at this time issued a historic proposed regulation rising potential retirement funding choices for greater than 90 million Americans. The proposed regulation explains the steps that managers of 401(okay) plans ought to take…