Browsing: Retirement issues

Uncategorized ABA, ICI: QPAM exemption amendments rely on flawed analysis

The Labor Department’s proposed amendments to Prohibited Transaction Exemption 84-14, known as the Qualified Professional Asset Manager exemption, continue to rely on flawed assumptions in the agency’s estimate of the costs and burdens for the changes in question, ABA, the Investment Company Institute and three trade groups said.

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