1210-AC38 comment 3657 Great Gray Trust Company 06012026
Great Gray Trust CompanySupportBusiness
Summary: Great Gray Trust Company supports the Department of Labor's proposed regulation but recommends specific changes to the valuation and liquidity safe harbor examples. They argue that the guidance should be investment-vehicle-agnostic, specifically accounting for the unique regulatory oversight and liquidity tools of Collective Investment Trusts (CITs) rather than imposing rules designed for mutual funds.
Great Gray Trust Company is pleased to submit the attached comment on the Department of Labor’s proposed regulation, Fiduciary Duties in Selecting Designated Investment Alternatives.