Chris Tobe, CFA, CAIA Submitted 100-word Comment to DOL https://www.regulations.gov/document/EBSA-2026-0166-0001 The Department’s proposed rule effectively legitimizes opaque investment structures in 401(k)s that obscure true economic value and risk and violate basic accounting standards. By encouraging use of Private Equity, Private Credit, Crypto, and Annuities (with underlying private credit)—particularly through state-regulated collective investment trusts (CITs)—the rule … Continue reading DOL 401(k) Fiduciary Rule Enables Accounting Fraud