News & Analysis as of

Cryptocurrency Retirement Plan Providers Department of Labor (DOL)

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Trump-Era Guidance on 401(k) Investments—Crypto, Private Equity, and What It Means for Plan Providers

I ’ve been around the block long enough to know that ERISA doesn’t care about the latest shiny object. It doesn’t care whether CNBC is hyping Bitcoin as the new gold, or whether private equity firms are pounding the table...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

The DOL won’t allow Crypto into 401(k)

I invested in cryptocurrency, turned on into it by Mike Alfred, who I know from his Brightscope days. While I like to invest my own, I think these are investments that have no place in qualified retirement plans as an...more

Morgan Lewis - ML Benefits

Department of Labor Teases Cryptocurrency Interest

Hinting that the US Department of Labor (DOL) is currently working on guidance related to cryptocurrency, the Acting Assistant Secretary for the DOL’s Employee Benefits Security Administration recently commented that the DOL...more

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