One of the problems with a Department of Labor (DOL) guidance, there are certain professionals who read too much into things.
Quite honestly, the DOL’s wariness of a crypto brokerage window doesn’t mean that they have a change of view of normal brokerage windows. Cryptocurrency is unregulated and prone to huge price swings. Investments in normal brokerage windows are. While I don’t think there will be a change, I have always felt that the Dol should formulate criteria for the setup and oversight of these windows with liability protection for the plan sponsors that offer it.
