(HedgeCo.Net) A long-standing barrier in the American retirement system may finally be breaking down. In a landmark move, the U.S. Department of Labor has issued proposed regulatory guidance that introduces a “presumption of prudence” for fiduciaries considering the inclusion of private market investments within 401(k) plans. While still subject to finalization, the proposal represents a dramatic shift in tone and policy—one that could fundamentally reshape how tens of millions of Americans inve...
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