May 29th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance DOL Resets Stance to ‘Neutral’ on Crypto Options in 401(k) Plans The new guidance rescinds the previous administration’s 2022 compliance direction to plan sponsors, urging them to exercise ‘extreme care.’ Compliance DOL, HHS, Treasury Continue Push for More Health Care Pricing Transparency The departments sought information and released updated guidance aimed at creating nationwide cost consistency for medical services and prescription drugs. Most Read Data and Research Employers Buckle Down on Pharmacy, Medical Costs Compliance 8th Circuit Tosses Wells Fargo Forfeiture Complaint on Lack of Standing Compliance DOL Eases Enforcement of New Rules for Paper Benefit Statements MARKET MIRROR Wednesday the Dow was down 244.95 points (0.58%) to close at 42,098.70, the Nasdaq fell 98.23 points (0.51%) to close at 19,100.94 and the S&P 500 fell 32.99 points (0.56%) to close at 5,888.55. The Russell 2000 fell 22.60 points (1.08%) to close at 2,067.80, and the FT Wilshire 5000 Index fell 351.36 points (0.59%) to close at 58,789.82.  The 10-year Treasury note fell 3/32, bringing the yield to 4.483%. The 30-year Treasury bond fell 3/32, bringing the yield to 4.980%.  AWARDS   Don't Miss the 2025 Plan Sponsor of the Year Finalists Meet the 51 finalists—across plan types and sizes—who have shown an exemplary commitment to their participants’ financial health and retirement success.  Fiduciary Forum More to Minutes Than Taking Notes To document committee meetings, an old-fashioned approach is best. SMALL TALK ON THIS DATE: In 1848, Wisconsin became the 30th state of the union. In 1905, the Russian navy was defeated in the Battle of Tsushima during the Russo-Japanese War. In 1917, President John F. Kennedy was born in Brookline, Massachusetts. In 1942, singer and actor Bing Crosby recorded the holiday classic “White Christmas,” which became one of the best-selling singles of all time. In 1953, following numerous failed attempts by others, Edmund Hillary and Tenzing Norgay became the first climbers to surmount Mount Everest, the highest mountain in the world. In 1999, “Discovery” became the first space shuttle to dock with the International Space Station. In 2017, Panamanian military leader Manuel Noriega—who ruled Panama until ousted by U.S. forced and who later served prison sentences in the U.S. and Panama—died at age 83 in Panama City.    Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2026 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850