'Extremely Dangerous.' Critics Make Their Case Against DOL's Alternative Assets Rule

Also, Fed MRIA's plunge; Bessent provides some clarity on Pulte dustup; CFTC scraps its enforcement gag rule

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Opponents of the Labor Department’s proposal to pave the way for alternative assets in 401(k) plans know they face an uphill battle in making their case to the industry-friendly Trump administration. But that hasn’t stopped them from speaking…