09.11.24
Thompson Hine lawyers Brian L. Gaj and Cassandra W. Borchers recently published “The Updated QPAM Exemption in Practice” on Bloomberg Law.
Earlier this year, the Department of Labor (DOL) published “Amendment to Prohibited Transaction Class Exemption 84-14 for Transactions Determined by Independent Qualified Professional Asset Managers (the QPAM Exemption).” Brian and Cassandra’s article provides essential insights into mastering the QPAM exemption for investment attorneys and investment managers, banks, and others who invest plan assets as defined in Section 3(42) of the Employee Retirement Income Security Act of 1974 (ERISA) and DOL regulations.
