SIFMA Statement on DOL Rule Proposal on Alternative Investments in Retirement Accounts

Washington, D.C., March 30, 2026 – SIFMA released the following statement from Kenneth E. Bentsen, Jr., SIFMA President and CEO, on a rule proposal released today by the Department of Labor (DOL) related to alternative investments in retirement accounts:

“Helping Americans build savings for retirement is among the most important roles of the capital markets and SIFMA strongly supports policy efforts aimed at increasing retirement security for all. Policy changes to expand access to private markets investments could serve to improve diversification, democratize access, and offer more investment choices to the benefit of everyday retirement savers. SIFMA looks forward to reviewing the proposal in detail and engaging constructively with regulators during the comment process.”

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SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.