Deep Tide TechFlow News, March 26 — According to Bloomberg Law, a regulatory proposal allowing alternative assets such as cryptocurrencies and private equity to be included in 401(k) retirement plans has completed review by the White House Office of Information and Regulatory Affairs (OIRA). The U.S. Department of Labor is expected to officially release the proposal within the next few weeks. If implemented, it will bring significant changes to the approximately $12 trillion 401(k) market. The proposal originates from an executive order signed by former President Trump in August last year, which required the Employee Benefits Security Administration (EBSA) under the Department of Labor to reevaluate guidelines related to alternative asset investments in retirement plans within 180 days. The core goal is to provide legal protections for employers and reduce their fiduciary liability risks associated with opening up alternative asset investments.