The U.S. Labor Department has proposed a new rule aimed at easing restrictions on including alternative investments such as private equity and cryptocurrencies in 401(k) retirement plans. The proposal outlines that fiduciaries must conduct a thorough evaluation based on performance, fees, liquidity, valuation, and complexity when introducing these assets. Fiduciaries adhering to this process would receive "safe harbor" protection, reducing litigation risks. This rule is an initial step in implementing an executive order from Donald Trump and is currently open for public comment.