00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Department of Labor proposed a rule allowing 401k plans to more easily include alternative
00:08assets such as cryptocurrency, real estate, and private market investments following Trump's
00:12executive order. The rule creates a safe harbor to protect plan sponsors from litigation and
00:17outlines six factors for evaluating these assets. Officials said legal risk has kept most plans from
00:22offering alternatives. Some experts said adoption will be slow and access will remain limited through
00:27vehicles like target date funds. Advisors also raised concerns about complexity, higher costs,
00:32liquidity constraints, and whether typical investors are suited for these investments.
00:36For all things money, visit Benzinga.com.
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