David Tetrick Jr.

David Tetrick Jr.

King & Spalding

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DOL Expresses Extreme Skepticism About Allowing 401(k) Plan Participants to Invest in Cryptocurrency

On March 10, 2022, the U.S. Department of Labor (the “DOL”) issued Compliance Assistance Release No. 2022-01 (the “Release”) regarding 401(k) plan participant-directed investments in cryptocurrencies. The Release “cautions...more

3/18/2022  /  401k , Cryptocurrency , Department of Labor (DOL) , Digital Assets , Employee Retirement Income Security Act (ERISA) , Securities and Exchange Commission (SEC) , Valuation
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