Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s

Trump order will allow alternative assets like cryptocurrencies, private equity in 401(k)s


Key Points
  • President Donald Trump will sign an executive order Thursday to allow alternative assets into 401(k)s, CNBC has learned.
  • The executive order will direct the U.S. Secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined-contribution plans.
  • An executive order would mark a major victory for private asset managers, who have pushed for greater adoption of alternative assets in defined contribution plans during Trump’s second term in office.



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