Labor Department, Employee Benefits Security Administration
This document contains a notice of pendency before the Department of Labor (the Department) of a proposed amendment to class prohibited transaction exemption (PTE) 2020-02, which provides relief for certain compensation received by investment advice fiduciaries. The proposed amendment would affect participants and beneficiaries of Plans, IRA owners, and fiduciaries with respect to such Plans and IRAs.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Labor Employee Benefits Security Administration 29 CFR Part 2550 [Application No. D-12057] ZRIN 1210-ZA32 AGENCY: Employee Benefits Security Administration, U.S. Department of Labor. ACTION: Notice of Proposed Amendment to Class Exemption PTE 2020-02. SUMMARY: This document contains a notice of pendency before the Department of Labor (the Department) of a proposed amendment to class prohibited transaction exemption (PTE) 2020-02, which provides relief for certain compensation received by investment advice fiduciaries. The proposed amendment would affect participants and beneficiaries of Plans, IRA owners, and fiduciaries with respect to such Plans and IRAs. DATES: Public Comments. Comments are due on or before January 2, 2024. Public Hearing. The Department anticipates holding a public hearing approximately 45 days following the date of publication in the Federal Register . Specific information regarding the date, location, and submission of requests to testify will be published in a notice in the Federal Register . Applicability Date. The Department proposes to make the final amendment effective 60 days after it is published in the Federal Register . ADDRESSES: All written comments concerning the proposed amendment should be sent to the Employee Benefits Security Administration, Office of Exemption Determinations, U.S. Department of Labor through the Federal eRulemaking Portal and identified by Application No. D-12057: Federal eRulemaking Portal: Visit http://w…
Other Federal Register documents from the same docket.
Citation: 88 FR 75979
