1. U.S. Labor Dept. Proposes 'Safe Harbor' Rule, Opening 401(k) Plans to Crypto and Private Equity
A proposed rule from the U.S. Department of Labor could fundamentally reshape the landscape of retirement savings by making it easier for 401(k) plans to invest in high-risk assets like cryptocurrencies and private equity. The rule would grant fiduciaries a "safe harbor" status, shielding them from potential lawsuits f...