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Fiduciary Duties in Selecting Designated Investment Alternatives
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Zusammenfassung
This document contains a proposed regulation that clarifies, and provides a safe harbor for, a fiduciary's duty of prudence under the Employee Retirement Income Security Act of 1974 (ERISA) in connection with selecting designated investment alternatives for a participant-directed individual account plan, including asset allocation funds that include alternative assets. This proposal implements section 3(c) of President Trump's Executive Order 14330, Democratizing Access to Alternative Assets for 401(k) Investors.
Originalsprache der Quelle: Federal Register — Department of LaborOriginalquelle öffnen →