A Return to Investment Neutrality? DOL Rescinds Guidance Discouraging Plan Fiduciaries from Considering Cryptocurrencies

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On May 28, 2025, the US Department of Labor (the “Labor Department”) issued Compliance Assistance Release No. 2025-01 (the “2025 Release”), memorializing the Labor Department’s decision to rescind Compliance Release No. 2022-01 (the “2022 Release”), which had discouraged plan fiduciaries from offering cryptocurrencies in their 401(k) plans….
By: Mayer Brown
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[Audio] Episode 373 — Christian Focacci on Current Developments in AI and Risk Management