The U.S. Department of Labor has sent its final rule on “alternative assets in 401(k) plans” to the White House’s OIRA—covering private equity, real estate, and cryptocurrency.
It’s still under review and hasn’t been formally finalized. But the March proposal was clear: fiduciaries can get a legal safe harbor when adding these assets to retirement plan menus, as long as they clear six hurdles: performance, fees, liquidity, valuation, benchmarks, and complexity.
If the trillion-dollar pension faucet really opens, institutional access to assets like $BTC will be one step closer. #加密货币 #Bitcoin
It’s still under review and hasn’t been formally finalized. But the March proposal was clear: fiduciaries can get a legal safe harbor when adding these assets to retirement plan menus, as long as they clear six hurdles: performance, fees, liquidity, valuation, benchmarks, and complexity.
If the trillion-dollar pension faucet really opens, institutional access to assets like $BTC will be one step closer. #加密货币 #Bitcoin
