DeMario Carswell was quoted in PLANADVISER regarding the Department of Labor's (DOL) proposed fiduciary rule on alternative investments in defined contribution plans. Carswell noted that the proposal goes beyond alternative investments, explaining that the DOL "took this as an opportunity to not only lay out a framework for alternative investment options, but also to provide guidance for fiduciary functions more broadly," adding that the rule includes examples drawn from "real-life litigation scenarios." He also observed that the agency addressed common plaintiff arguments head-on, saying, "They brought up common claims that plaintiffs make in court and tried to debunk those claims."