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Data / Federal rules / 2024-06059

Amendment to Prohibited Transaction Class Exemption 84-14 for Transactions Determined by Independent Qualified Professional Asset Managers (the QPAM Exemption)

The Employee Benefits Security Administration published this final rule in the Federal Register on April 3, 2024. It took effect on June 17, 2024.

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What the agency says

This document gives notice of a granted amendment to prohibited transaction class exemption 84-14 (the QPAM Exemption). The QPAM Exemption provides relief from certain prohibited transaction restrictions of Title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA) and Title II of ERISA, as codified in the Internal Revenue Code of 1986, as amended (the Code).

Key facts

Document number
2024-06059
Type
Final rule
Action
Final amendment to class exemption
Agency
Labor Department; Employee Benefits Security Administration
Published
April 3, 2024
Takes effect
June 17, 2024
Dates
The amendment is effective June 17, 2024.
Docket
Application No. D-12022
Code of Federal Regulations
29 CFR 2550
Pages
55

The document on federalregister.gov PDF

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Everything from the Employee Benefits Security Administration · Published in April 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.