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Not Quite QPAMdemonium: DOL Issues Final Changes To The QPAM Exemption - Employee Benefits & Compensation

On April 3, 2024, the Department of Labor (the "DOL") issued its final amendment ("Final Amendment") to Prohibited Transaction Class Exemption 84-14, commonly referred to as the "QPAM Exemption".

Exchange commissionOffice of the comptrollerDepartment of justiceCommodities futures trading commissionInsurance corporationFederal reserve bankDepartment of laborRevenue serviceDepartment of treasuryEmployee retirement incomeSecurity actInternal revenueFinal amendmentImmediate updatingClient documentsProposed amendment

Not Quite QPAMDEMONIUM: DOL Issues Final Changes to the QPAM Exemption | Dechert LLP

On April 3, 2024, the Department of Labor (the “DOL”) issued its final amendment (“Final Amendment”) to Prohibited Transaction Class Exemption 84-14, commonly referred to as the “QPAM.

Commodities futures trading commissionInsurance corporationOffice of the comptrollerFederal reserve bankRevenue serviceDepartment of treasuryDepartment of laborDepartment of justiceExchange commissionEmployee retirement income security actInternal revenue codeFinal amendmentImmediate updatingClient documentsProposed amendmentYear transition

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