The Securities and Exchange Commission (SEC) will work with the Department of Labor (DOL) to develop protections for workplace retirement plan participants interested in private market investments, SEC Chairman Paul Atkins told Fox Business in a live interview on Tuesday.

The Trump administration’s plan to open 401(k) retirement accounts to private market investments—as per his Aug. 7 executive order—seeks to open up far greater access to opportunities that have traditionally been restricted and available only to high net worth investors and pension funds. READ MORE