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DOL issued Compliance Assistance Release No. 2022-01 in which DOL takes the unusual step of signaling its disfavor with a particular asset class, cryptocurrency in 401k plans, explains the risks and challenges that cryptocurrency may pose to retirement account participants
The Department of Labor (DOL) recently issued a Release that warns about cryptocurrency use in 401(k) plans. The Release raises a number of concerns, including troubling implications...
DOL issued Compliance Assistance Release No. 2022-01 in which DOL takes the unusual step of signaling its disfavor with a particular asset class, cryptocurrency in 401k plans, explains the risks and challenges that cryptocurrency may pose to retirement account participants