The DOL's Proposed Safe Harbor and What It Means for Asset Managers, Advisers, and Plan Sponsors On March 30, 2026, the U.S. Department of Labor (DOL) released a proposed rule titled "Fiduciary Duties in Selecting Designated Investment Alternatives" (the Proposed Rule), which would establish a process-based safe harbor for plan fiduciaries selecting investment options for 401(k) plans, including options with exposure to alternative assets such as private equity, private credit, real estate,...