Employee Benefits Security Administration April 1, 2011 – Federal Register Recent Federal Regulation Documents

Amendment to Prohibited Transaction Exemption (PTE) 96-23 for Plan Asset Transactions Determined by In-House Asset Managers
Document Number: 2011-7655
Type: Notice
Date: 2011-04-01
Agency: Employee Benefits Security Administration, Department of Labor
This document amends PTE 96-23, a class exemption that permits various transactions involving employee benefit plans whose assets are managed by in-house asset managers (INHAMs), provided the conditions of the exemption are met. The amendment affects participants and beneficiaries of employee benefit plans, the sponsoring employers of such plans, INHAMs, and other persons engaging in the described transactions.
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