Data / Federal rules / 2024-17586
Prohibited Transaction Class Exemption 84-14 for Transactions Determined by Independent Qualified Professional Asset Managers (the QPAM Exemption); Correction
The Employee Benefits Security Administration published this final rule in the Federal Register on August 13, 2024.
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What the agency says
This document gives notice of a technical correction to the Department of Labor's final amendment to class prohibited transaction exemption (PTE) 84-14 (the QPAM Exemption), which was published in the Federal Register on April 3, 2024. 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). The corrections in this document fix a typographical error and make a minor clarification to a provision to reflect the Department's original intent for the effect of the amendment. These technical corrections are consistent with the amended exemption's intended scope and the analysis and data relied upon in the Department's final regulatory impact analysis (RIA).
Key facts
- Document number
- 2024-17586
- Type
- Final rule
- Action
- Final amendment to class exemption; technical correction
- Agency
- Labor Department; Employee Benefits Security Administration
- Published
- August 13, 2024
- Dates
- Issuance date: This technical correction is issued on August 13, 2024 without further action or notice.
- Docket
- Application No. D-12022
- Code of Federal Regulations
- 29 CFR 2550
- Pages
- 8
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Everything from the Employee Benefits Security Administration · Published in August 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.