The order is expected to direct the Labor Department to work with the Treasury and the Securities and Exchange Commission to see which regulations need to be changed.

U.S. President Donald Trump signed an executive order on Thursday that aimed to allow more private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts – opening the way for alternative asset managers to tap a greater share of trillions of dollars in Americans' retirement savings.

President Donald Trump signed an Executive Order yesterday that approved alternative assets for individuals holding 401(k) retirement accounts and other