1210-AC38 comment 3543 NCCMP 06012026

Summary: The National Coordinating Committee for Multiemployer Plans (NCCMP) supports the Department of Labor's proposed rule, praising its focus on process-driven fiduciary prudence and its stance against digital assets and illiquid investments. They argue that the guidance helps protect participants from imprudent decisions and reduces meritless litigation, though they suggest expanding the safe harbor to all investment decisions.