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Exemptions Asset Management QPAM

Winstead PC

Update to the Qualified Professional Asset Manager Exemption

Winstead PC on

The U.S. Department of Labor’s (the “DOL”) amendment to the qualified professional asset manager (“QPAM”) prohibited transaction class exemption 84-14 (the “Exemption”) went into effect on June 17, 2024. Current QPAMs must...more

Foley & Lardner LLP

Reminder: Qualified Professional Asset Managers (QPAM) Notice Deadline is September 15, 2024

Foley & Lardner LLP on

Earlier this year, the Department of Labor (DOL) updated the prohibited transaction exemption for Qualified Professional Asset Managers, often referred to as the “QPAM exemption.” Included in the update is a new requirement...more

Stark & Stark

DOL Publishes Final QPAM Exemption Amendment

Stark & Stark on

On April 3, 2024, the U.S. Department of Labor (DOL) published a final amendment to Prohibited Transaction Class Exemption 84-14. The amendment will become effective June 17, 2024....more

Foley Hoag LLP

DOL Issues Proposed Amendment to QPAM Exemption

Foley Hoag LLP on

The Department of Labor (“DOL”) recently issued a proposed amendment to prohibited transaction class exemption 84-14 (the “QPAM Exemption”). The QPAM Exemption permits an investment fund managed by a qualified professional...more

Morgan Lewis

US Department of Labor Proposes Extensive Changes to QPAM Exemption

Morgan Lewis on

The US Department of Labor (DOL) published in the July 27, 2022, Federal Register a number of proposed changes to Prohibited Transaction Class Exemption (PTE) 84-14, the so-called “QPAM Exemption.” Investment managers of US...more

Seward & Kissel LLP

DOL Proposes an Amendment to the QPAM Exemption

Seward & Kissel LLP on

On July 27, 2022 the U.S. Department of Labor (DOL) proposed significant modifications to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption). The DOL will accept written comments and requests for public...more

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