I haven’t read in detail, but based on sheer speculation, this may be relevant: https://www.whitehouse.gov/presidential-actions/2025/08/democratizing-access-to

I haven’t read in detail, but based on sheer speculation, this may be relevant: https://www.whitehouse.gov/presidential-actions/2025/08/democratizing-access-to-alternative-assets-for-401k-investors/ https://www.whitehouse.gov/presidential-actions/2025/08/demo... Many retirement accounts/managers may already be channeling investment such that 401k accounts are broadly set up to absorb any losses… Could also just be this large piece of tin foil on my head.