[U.S. Department of Labor Releases Proposed 401k Regulation: Establishing 'Safe Harbor' System to Accelerate Private Asset Market Entry] On March 30, the U.S. Department of Labor released a proposed regulation aimed at significantly lowering the barriers for private equity and other alternative assets to enter U.S. 401k retirement plans. The proposal implements a previous executive order by Trump, with the core focus on establishing a 'safe harbor' system for plan fiduciaries, reducing their regulatory burden and litigation risks associated with introducing alternative assets such as private equity and cryptocurrencies. The regulation emphasizes granting fiduciaries greater discretion, allowing them to pursue higher risk-adjusted returns after fees as long as the decision-making process adheres to the principle of 'prudent assumption.' (Jiemian News)