Employee Benefits Security Administration March 2018 – Federal Register Recent Federal Regulation Documents

Proposed Exemption From Certain Prohibited Transaction Restrictions
Document Number: 2018-05867
Type: Notice
Date: 2018-03-22
Agency: Employee Benefits Security Administration, Department of Labor
This document contains notice of pendency before the Department of Labor (the Department) of a proposed individual exemption from certain of the prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA or the Act) and/or the Internal Revenue Code of 1986 (the Code). If this proposed one-year temporary exemption is granted, certain entities with specified relationships to BNP Paribas will not be precluded from relying on the exemptive relief provided by Prohibited Transaction Class Exemption 84- 14.