1/ If you've heard that the Department of Labor is proposing to allow crypto and private equity/credit into 401(k)s, you haven't heard the whole story. The media is being misled -- it's much worse than that!
Brad Lipton
Read the full comment letter from our Director of Corporate Power and Financial Regulation, @bradlipton.bsky.social, on why the DOL should withdraw the proposal.
As explained in the Roosevelt Institute's comment, despite the proposal’s misleading name, this rulemaking is not really about investments in “alternative assets.” Rather, the Department of Labor is t...