07.21.25

SEC Would Set up Guardrails for Private Investments in Retirement Plans, Chairman Says

by: Chris Prentice; Isla Binnie

The Securities and Exchange Commission (SEC) will work with the Department of Labor to set up guardrails for investors if they gain greater access to private markets in retirement plans, SEC Chairman Paul Atkins said in a recent interview. "We need to make it so that individual investors are relying on fiduciaries to help them put these sorts of products, if they wish, into their long-term savings and retirement plans," said Atkins. The comments came amid reports that President Trump plans to sign an executive order to make private-firm investments more accessible in the plans.

Read the full article on Reuters