1210-AC38 comment 0771 Consumer Action for a Strong Economy 05222026
Consumer Action for a Strong EconomySupportAdvocacy
Summary: Consumer Action for a Strong Economy supports the proposed rule as a positive step toward allowing 401(k) plans to include private market investments. However, they argue the rule should go further by providing a clearer roadmap to protect fiduciaries from litigation, removing burdensome SEC liquidity requirements, and offering more flexibility in investment consultation.
Attached is Consumer Action for a Strong Economy's comment letter in response to "Fiduciary Duties in Selecting Designated Investment Alternatives" (RIN 1210-AC38).