American Bankers Association
EBSARulemakingEBSA-2026-0166

Fiduciary Duties in Selecting Designated Investment Alternatives

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Last modified
Jun 4, 2026
Comment window
closed 57d ago
American Bankers Association filings
1

Activity

American Bankers Association filed 1 comment on this docket between Jun 2, 2026 and Jun 2, 2026. 79 other organizations filed here. The comment window closed 57d ago.

What American Bankers Association filed (1)

Abstract

This document contains a proposed regulation that clarifies, and provides a safe harbor for, a fiduciary's duty of prudence under the Employee Retirement Income Security Act of 1974 (ERISA) in connection with selecting designated investment alternatives for a participant-directed individual account plan, including asset allocation funds that include alternative assets. This proposal implements section 3(c) of President Trump's Executive Order 14330, Democratizing Access to Alternative Assets for 401(k) Investors.

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