DOL announces change in ERISA

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DOL announces change in ERISA

Post  JoeC (McGruff) on Mon Oct 27, 2008 3:22 pm

This month the U.S. Department of Labor (“DOL”) issued its final rule on cross-trading of
securities for actively managed ERISA-covered accounts. This rule was adopted pursuant to the
statutory cross-trading prohibited transaction exemption set forth in Section 408(b)(19) of
ERISA, which was enacted as part of the Pension Protection Act in 2006. The enactment of
Section 408(b)(19).............
Courtesy of Paul Hastings law group:

http://www.paulhastings.com/assets/publications/1060.pdf?wt.mc_ID=1060.pdf
JoeC
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