Final Labor Department rule for crypto in retirement plans reaches White House, signaling potential shifts in investment strategies.
The U.S. Labor Department has submitted a final rule to the Office of Information and Regulatory Affairs (OIRA) that would permit cryptocurrencies, along with private equity and real estate, to be included in 401(k) investment menus. This rule aims to establish a fiduciary safe harbor for these asset classes, making it easier for retirement plans to offer them as investment options.
Reporting based on public statements, filings, and reporting gathered from multiple sources.
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