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DOL seeks to dismiss lawsuit challenging 401(k) cryptocurrency guidance

Posted On: Sep. 22, 2022 10:13 AM CST

The U.S. Department of Labor last week asked a federal judge to throw out a lawsuit challenging its 401(k) cryptocurrency investing guidance, BenefitPro reports. ForUsAll, a low-cost 401(k) recordkeeping firm in San Francisco, sued the department in June, claiming regulators were changing policy without undergoing the required notice-and-comment process.