US Department of Labor's Final Rule on Cryptocurrency in 401(k)s Sent to White House for Review
The U.S. Department of Labor's final rule aimed at establishing a fiduciary safe harbor for 401(k) pension plans to invest in cryptocurrencies, private equity, and real estate has been submitted to the White House Office of Information and Regulatory Affairs (OIRA) for final review. Drafted by the Employee Benefits Security Administration (EBSA), the rule is designated as economically significant and will be officially published in the Federal Register upon completion of the review.
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