SEC's Atkins on Private Credit: "We’re Taking It Seriously"
Wall Street Journal
Last updated: May 5, 2026
The U.S. Securities and Exchange Commission (SEC) is collaborating with the Labor Department regarding a proposed rule change. This change aims to potentially allow private credit and other private investments to be included in 401(k) retirement plans.
- The SEC is exploring mechanisms to broaden investment options for 401(k) participants. This initiative seeks to provide access to asset classes previously less accessible to individual retirement savers. The proposed rule is under active consultation between the SEC and the Labor Department, indicating a collaborative effort to assess the feasibility and implications of such a policy shift. Key considerations likely include investor protection, fiduciary duties, and the inherent risks associated with private investments. The ultimate goal is to enhance retirement savings potential through diversified investment portfolios. The consultation process suggests a deliberate approach to developing regulations that balance innovation with safeguarding retirement assets.
