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DOL Says Cryptocurrency in 401(k) Plans Might Be More Like 'Crypto-Nite'
Proskauer Link to more items from this source
[Guidance Overview]
Mar. 15, 2022

"These investigatory warnings also extend to plans and plan fiduciaries responsible for allowing cryptocurrency investments through 401(k) plan brokerage windows. This is concerning and may have broader implications because, as explained in a [recent report] by the ERISA Advisory Council, most experts believe that plan fiduciaries do not have an obligation to monitor the underlying investments in a brokerage window, absent 'extraordinary circumstances.' "

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