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EBSA Will Scrutinize 401(k) Cryptocurrency Investments
Fisher Phillips 
[Guidance Overview] Mar. 23, 2022 "While the [EBSA] guidance is not an explicit ban, the agency makes clear that fiduciaries who are considering including cryptocurrencies within 401(k) menu options ... should expect an EBSA investigation if they decide to include such an offer.... If, upon investigation, EBSA believes that a particular digital asset investment option in a 401(k) plan is imprudent, the Solicitor's Office may file a lawsuit against the fiduciaries of the plan in federal court." MORE >> |
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