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Legal Update

Department of Labor Amends QPAM Exemption, Imposes Additional Conditions for Management of In-House Plans

22 July 2010
Mayer Brown Legal Update
On July 6, 2010, the U.S. Department of Labor (the “DOL”) published an amendment (the “2010 Amendment”) to Prohibited Transaction Exemption 84-14 (the “QPAM Exemption”), permitting relief for a qualified professional asset manager (“QPAM”) managing assets of plans sponsored by the QPAM or its affiliates (“in-house plans”).


  • Erika Gosker
    T +1 312 701 8634
  • Lennine Occhino
    T +1 312 701 7966
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