On April 3, 2024, the U.S. Department of Labor (DOL) published significant modifications to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption). The amendment becomes effective on June 17, 2024; however, certain...more
4/9/2024
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Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
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Investment Management ,
New Amendments ,
Non-Prosecution Agreements ,
Notice Requirements ,
Prohibited Transactions ,
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Shareholders
On January 24, 2024, the U.S. Department of Labor (DOL) published the final rule amending the procedures for filing an individual prohibited transaction exemption application. The amended regulation (the “Procedures”)...more