Cardozo Law Review de•novo
Volume
2025
First Page
137
Last Page
151
Publication Date
2025
Document Type
Article
Abstract
President Trump’s Executive Order 14330 proclaims its determination to “democratiz[e] access to alternative investments for 401(k) investors.” Among its other provisions, Executive Order 14330 requires the Department of Labor (DOL) to “clarify the duties that a fiduciary owes to plan participants.” Such clarification shall “relieve the regulatory burdens and litigation risk that” allegedly deny 401(k) participants access to alternative investments. However, the order states, DOL’s administrative guidance on alternative investments must be “consistent with applicable law.”
Recommended Citation
Edward A. Zelinsky,
Executive Order 14330: A Solution in Search of a Problem,
2025
Cardozo L. Rev. De-Novo
137
(2025).
Available at:
https://larc.cardozo.yu.edu/de-novo/114
Included in
Administrative Law Commons, Banking and Finance Law Commons, Labor and Employment Law Commons, President/Executive Department Commons, Securities Law Commons
