Things I Worry About (19): Executive Orders, Private Funds, and Fiduciary Standards (5)
Key Takeaways The Trump administration has issued an Executive Order about facilitating 401(k) investments in “alternative assets,” which includes private funds. The Order directs the Secretary of Labor to examine current guidance and decide if it is appropriate for that purpose. The Order also directs the Secretary of Labor to issue guidance to clarify fiduciary […]
Things I Worry About (18): Executive Orders, Private Funds, and Fiduciary Standards (4)
Key Takeaways The Trump administration has issued an Executive Order about facilitating 401(k) investments in “alternative assets,” which includes private funds. The Order directs the Secretary of Labor to examine current guidance and decide if it is appropriate for that purpose. The Order also directs the Secretary of Labor to issue guidance to clarify fiduciary […]
Things I Worry About (16): Executive Orders, Private Funds, and Fiduciary Standards (2)
Key Takeaways My last post, Things I Worry About (15), was an overview of the Trump administration’s Executive Order about facilitating investing in “alternative assets” in 401(k) plans. The article was my reading of the EO and my thoughts on what it meant. For this post, I turned to ChatGPT and asked it to summarize […]