Back

SEC Chair Proposes Private Market Investments for 401(k) Plans

The U.S. SEC chief suggests expanding retirement plan options to include private market assets for American investors.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Private Market Investments: Financial assets not traded on public exchanges, such as private equity, venture capital, and privately held company shares.
  • 401(k) Plan: A tax-advantaged retirement savings plan offered by U.S. employers, allowing employees to invest in various asset classes.
  • SEC: The U.S. Securities and Exchange Commission, responsible for enforcing federal securities laws and regulating the securities industry.