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Notice2026-064082026-04-02

Proposed Exemption for The Goldman Sachs Group, Inc. (Goldman) Located in New York, New York

Labor Department, Employee Benefits Security Administration

Abstract

If granted, this exemption would permit Goldman-related asset managers to rely on Prohibited Transaction Exemption 84-14 (PTE 84-14) notwithstanding the GS Malaysia FCPA Conviction (described below), if certain conditions are met.

Action & Dates

Action
Notice of proposed exemption.
Dates
If granted, this exemption will be in effect for the period beginning on June 9, 2026, and ending on June 8, 2031.
Effective Date
2026-06-09

Document Excerpt

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 [Exemption Application No. D-12122] AGENCY: Employee Benefits Security Administration, Department of Labor. ACTION: Notice of proposed exemption. SUMMARY: If granted, this exemption would permit Goldman-related asset managers to rely on Prohibited Transaction Exemption 84-14 (PTE 84-14) notwithstanding the GS Malaysia FCPA Conviction (described below), if certain conditions are met. DATES: If granted, this exemption will be in effect for the period beginning on June 9, 2026, and ending on June 8, 2031. Comments due: Written comments and requests for a public hearing on the proposed exemption must be received by the Department of Labor (the Department) by May 14, 2026. ADDRESSES: All written comments and requests for a hearing should be sent to the Employee Benefits Security Administration (EBSA), Office of Exemption Determinations, Attention: Application No. D-12122: Via email to e-OED@dol.gov ; or Online through http://www.regulations.gov . Follow the “Submit a comment” instructions. Any such comments or requests should be sent by the end of the scheduled comment period. The application for exemption and the comments received will be available for public inspection in the Public Disclosure Room of the Employee Benefits Security Administration, U.S. Department of Labor, Room N-1515, 200 Constitution Avenue NW, Washington, DC 20210 ((202) 693-8673). See SUPPLEMENTARY INFORMATION below for additional info

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Full Document

Citation: 91 FR 16745