Alternative Assets (23)—DOL Proposal and the Six Defined Factors: The Liquidity Factor (2)
My earlier posts discussed four of the six Factors in the DOL’s proposed regulation that apply to most investments in participant-directed private sector plans. This article discusses the first example of the application of the Liquidity Factor, which is one of the two Factors (along with the Valuation Factor) that specifically target illiquid, hard-to-value investments, […]