SIFMA released the following statement from Kenneth E. Bentsen, Jr., SIFMA President and CEO, on a rule proposal released today by the Department of Labor (DOL) related to alternative investments in retirement accounts:
“Helping Americans build savings for retirement is among the most important roles of the capital markets and SIFMA strongly supports policy efforts aimed at increasing retirement security for all. Policy changes to expand access to private markets investments could serve to improve diversification, democratize access, and offer more investment choices to the benefit of everyday retirement savers. SIFMA looks forward to reviewing the proposal in detail and engaging constructively with regulators during the comment process.”
