Regulatory and Legislative

DOL Reopens Comment Period on Proposed QPAM Exemption

The Department of Labor (DOL) has reopened the comment period for receiving written comments related to prohibited transaction class exemption 84-14 (the Proposed QPAM Amendment) to April 6, 2023. The DOL held a public hearing on November 17, 2022, at which time a supplementary comment period ran until January 6, 2023.

Details of the proposed amendment were previously announced.