Search
Fiduciary Duty During Uncertain Times
24.8.2023
Advisors can navigate their fiduciary duty to support clients interested in cryptocurrency in the absence of clear frameworks
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
7.6.2022
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
10.3.2022
The Department warned that cryptocurrency investments present “significant risks and challenges to participants' retirement accounts.”