Top Democrats rip proposal allowing digital assets in 401(k) plans
Top Democratic lawmakers are urging the Department of Labor to withdraw a proposal that would make it easier for retirement plans to offer investments in cryptocurrency, private equity and other “alternative assets,” arguing that the move could expose workers’ savings to greater
Top Democratic lawmakers are urging the Department of Labor to withdraw a proposal that would make it easier for retirement plans to offer investments in cryptocurrency, private equity and other “alternative assets,” arguing that the move could expose workers’ savings to greater financial risks and higher fees. In a letter sent Monday to acting Labor…
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