Particle.news
Download on the App Store

Warren Demands SEC Plan to Shield 401(k)s From Crypto Risk

Her inquiry follows a Trump directive to open 401(k)s to digital assets, pressing for safeguards before access widens.

Overview

  • Senator Elizabeth Warren sent SEC Chair Paul Atkins a letter seeking detailed protections for retirement savers and set a Jan. 27 response deadline.
  • The letter asks about fair‑value disclosures, the prevalence of market manipulation, and investor education as crypto options reach retirement accounts.
  • The SEC declined to comment on the letter, as Senate committees prepare hearings on crypto market‑structure legislation.
  • President Trump’s August executive order directed regulators to enable broader access to cryptocurrencies in traditional retirement plans.
  • Warren warned proposed tokenization rules could let blockchain products evade SEC securities oversight, citing GAO findings on extreme volatility as unions including the AFT and AFL‑CIO voice concerns.