Investment Professionals

Groups Support DOL Guidance Regarding Crypto Assets in Retirement Plans

CFA joined a diverse group of organizations representing investors and consumers, workers, and retirees in a letter to the Department of Labor (DOL) supporting the agency’s recent Compliance Assistance Release, which cautions plan fiduciaries to exercise extreme care before they consider adding a cryptocurrency option or related product to a 401(k) plan’s investment menu for plan participants.