1210-AC38 comment 3466 Small Business & Entrepreneurship Council 06012026

Summary: The Small Business & Entrepreneurship Council (SBE Council) supports the Department of Labor's proposed rule to expand access to alternative assets in 401(k) plans, arguing it modernizes retirement policy and provides better opportunities for small business employees. While supportive, the organization recommends refinements to avoid imposing unnecessary SEC liquidity requirements on collective investment trusts and to clarify valuation standards for private assets.