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Attorney Howard S. Denburg reviews the U.S. Department of Labor's Prohibited Transaction Class Exemption amendments, which eliminate the one-year look-back rule, modify the application of the exemption in the case of a commingled investment fund, clarify the definition of a qualified plan asset manager, change the rules on when a QPAM is treated as related to a party in interest and redefine what is an affiliate.
September 22, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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