"The Order [1] directs the Secretary of Labor to reexamine the [DOL's] guidance on a fiduciary's duties regarding alternative asset investments in ERISA-governed 401(k) and other defined-contribution plans.... [2] instructs the Secretary of Labor to clarify the [DOL's] position on alternative assets and the appropriate fiduciary process associated with offering asset allocation funds containing investments in alternative assets.... [3] directs the Secretary of Labor to consult with the Secretary of the Treasury, the [SEC], and other federal regulators to determine whether parallel regulatory changes should be made at those agencies to give effect to the purpose of the Order.... [4] directs the [SEC] to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable regulations and guidance."  MORE >>