And I think it's a truth that alternative assets, or assets that are private offerings, offer competitive returns and opportunities for diversification for 401k investors. That being said, On August 7, President Trump issued an executive order on democratizing access to alternative assets for 401k investors. The order stated that, and I quote, burdensome lawsuits that seek to challenge reasonable decisions by loyal regulated fiduciaries have denied millions of Americans opportunities to benefit from investment in alternative assets. (00:46–00:56)
CLAIM
Asserts that President Trump issued an executive order to democratize access to alternative assets for 401k investors.
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