Department of Labor September 7, 2022 – Federal Register Recent Federal Regulation Documents

The Department of Labor (the Department) is extending the comment period for a proposed amendment to prohibited transaction class exemption 84-14 (the Proposed QPAM Amendment). Additionally, the Department of Labor's Employee Benefits Security Administration (EBSA) will hold a virtual public hearing regarding the Proposed QPAM Amendment. EBSA welcomes comments and requests to testify at the hearing from the general public. As discussed in the DATES section below, the Department also will reopen the comment period for the Proposed QPAM Amendment in connection with the hearing.