Alternative Assets (26)—DOL Proposal and the Six Defined Factors: The Liquidity Factor (5)
Key Points: To obtain the safe harbor for mutual funds for the liquidity factor for plan-level liquidity, fiduciaries may rely on SEC regulation of mutual funds. However, for other investments, such as CITs, there is a three-step process for obtaining the safe harbor. The DOL’s proposed regulation on selecting investments, including alternative assets, 2026-06178.pdf, identifies […]