Attorney General Raoul Leads Coalition Opposing Plan To Weaken Federal Protections For Retirement Investments

Dept. of Justice: Wisconsin DOJ joins coalition in opposing plan to weaken federal protections for retirement investments

MADISON, Wis. — The Wisconsin Department of Justice (DOJ) joined a coalition in opposing a proposal from the Trump administration that would put the retirement savings of millions of Americans at risk. In their comment letter submitted to the U.S. Department of...

Attorney General Raoul Leads Coalition Opposing Plan To Weaken Federal Protections For Retirement Investments

CHICAGO – Attorney General Kwame Raoul today co-led a coalition of 24 states in opposing a proposal from the Trump administration that would put the retirement savings of millions of Americans at risk.In their comment letter submitted to the U.S. Department of Labor today, the coalition argues that the department’s proposed rule would harm workers and retirees by increasing their exposure to risky, volatile alternative assets, such as cryptocurr…

Lawmakers Scrutinize Labor Dept Plan to Include Crypto in 401(k)s

A coalition of senior Democrats on three key U.S. committees has pressed the Labor Department to pause its plans to allow digital assets and other “alternative assets” to be held within Americans’ retirement accounts. In a letter circulated to Acting Labor Secretary Keith Sonderling, Sen. Bernie Sanders, Sen. Elizabeth Warren, and Rep. Bobby Scott urged the department to rescind the March proposal that would permit private equity, digital assets…

DOL Rule to Ease Alts in 401(k)s Draws Over 37,000 Comments

The Department of Labor’s proposed rule to ease the path for alternatives in 401(k)s drew tens of thousands of comments from industry players and everyday savers.