81 FR 21181 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit Plans and Broker-De… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
36.
FINRA Regulatory Notice 12-25, p. 3 (2012).
Back to Citation
37.
Donovan
v.
Mazzola,
716 F.2d 1226, 1232 (9th Cir. 1983).
Back to Citation
38. One commenter requested an adjustment to the “prudence” component of the Best Interest Standard, under which the standard would be that of a “prudent person serving cli…
80 FR 22021 — Proposed Amendment to and Proposed Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit P… ERISAProposed Rules (FR)Proposed Apr 20, 2015related by meaning
y to enable the persons described in paragraph (f) of this exemption to determine whether the conditions of this exemption have been met, except that: (1) No party in interest other than the broker-dealer, reporting dealer, or bank engaging in the covered transaction, shall be subject to the civil penalty, which may be…
90 FR 3667 — Prohibited Transaction Exemption (PTE) 2002-51 To Permit Certain Transactions Identified in the Voluntary Fiduciary Correction Program ERISAFinal Rules (FR)Jan 15, 2025related by meaning
an]. If the terms of the class exemption are met, [Insert Name of Applicant] will qualify for relief from the excise taxes that would otherwise apply. One of the requirements for excise tax relief is for [Insert Name of Applicant] to provide you with this notice so you have an opportunity to provide comments to EBSA ab…
88 FR 76032 — Proposed Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128 ERISAProposed Rules (FR)Proposed Nov 3, 2023related by meaning
ms. This section (e)(3) will be considered satisfied if the plan or IRA receives the disclosure described in Securities Exchange Act Rule 10b-16; [55] (d) The broker-dealer engaging in the covered transaction maintains or causes to be maintained for a period of six years from the date of such transaction in a manner th…
87 FR 70753 — Prohibited Transaction Exemption (PTE) 2002-51 To Permit Certain Transactions Identified in the Voluntary Fiduciary Correction Program ERISAProposed Rules (FR)Proposed Nov 21, 2022related by meaning
an]. If the terms of the class exemption are met, [Insert Name of Applicant] will qualify for relief from the excise taxes that would otherwise apply. One of the requirements for excise tax relief is for [Insert Name of Applicant] to provide you with this notice so you have an opportunity to provide comments to EBSA ab…
85 FR 82798 — Prohibited Transaction Exemption 2020-02, Improving Investment Advice for Workers & Retirees ERISAFinal Rules (FR)Dec 18, 2020
0,840 small state-registered IAs,[266]
of which about 1,700 are estimated to be affected by the final exemption.[267]
There were
( printed page 82861) approximately 386 insurers directly writing annuities in 2018,[268]
316 of which the Department estimates are small entities.[269]
Table 1 summarizes the distribution of…
84 FR 213 — Department of Labor Federal Civil Penalties Inflation Adjustment Act Annual Adjustments for 2019 ERISAFinal Rules (FR)Jan 23, 2019
…,471
121
17,844
122
19,329
123
20,940
124
22,685
125
24,571
126
26,619
127
28,837
128
31,238
129
33,840
130
36,659
131
39,712
132
43,019
133
46,601
134
50,319
135
54,035
136
57,754
137
61,469
138
65,187
139
68,903
140 or more
72,620
* * * * *
§ § 100.4 and 100.5
[Amended]
34. In the following table, for each paragraph …
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024
…ll firms to modify existing reports, on average. This results in an estimated cost of $0.9 million.[840]
81 FR 21147 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Co… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
sultant, insurance company, or investment company principal underwriter engaging in the transaction must maintain records of the
( printed page 21170) transaction for six years, accessible for audit and examination. A commenter on this provision recommended that the word “reasonably” be inserted prior to the term “acce…
89 FR 5624 — Automatic Portability Transaction Regulations ERISAProposed Rules (FR)Proposed Jan 29, 2024
…
AP Transfers
337,484
337,484
337,484
337,484
337,484
337,484
337,484
337,484
337,484
337,484
3,374,840 Post-Rule (RCH/PSN Grows, $7,000 Distribution Limit)
Coverage/Match Factor
65%
72%
78%
82%
84%
86%
88%
89%
90%
90%
Default IRAs
954,786
976,384
994,897
1,007,239
1,013,410
1,019,581
1,025,752
1,028,837
1,031,923
1,03…
85 FR 40834 — Improving Investment Advice for Workers & Retirees ERISAProposed Rules (FR)Proposed Jul 7, 2020
…the proposed exemption.[176]
In December 2018, the Department estimates there were approximately 10,840 small state-registered IAs,[177]
of which about 1,700
( printed page 40861)
are estimated to be affected by the proposed exemption.[178]
There were approximately 386 insurers directly writing annuities in 2018,[179]
…
91 FR 4348 — Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure ERISAProposed Rules (FR)Proposed Jan 30, 2026
…k to Citation
274.
These estimates are calculated as: $108,831,984,000 × 1.00 percent = $1,088,319,840. Additionally, $108,831,984,000 × 0.10 percent = $108,831,984.
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275.
81 FR 21139 — Amendment to Prohibited Transaction Exemption (PTE) 75-1, Part V, Exemptions From Prohibitions Respecting Certain Classes of Transactions Involving Employee Be… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
ies involving the plan or IRA if:
(1) The potential failure of the purchase or sale of the securities is not caused by such fiduciary or an affiliate; (2) The terms of the extension of credit are at least as favorable to the plan or IRA as the terms available in an arm's length transaction between unaffiliated parties;…
ERISACourt RulingsMay 2, 1997
… Intent to Assess a Penalty against BR Holdings,
Ltd. d/b/a Racine Steel Castings (Respondent) for $840,000. DOL
ERISARegulationsJan 1, 2017related by meaning
[Reserved]
ERISARegulationsJan 1, 2017related by meaning
[Reserved]
ERISARegulationsJan 1, 2017related by meaning
[Reserved]
ERISARegulationsJan 1, 2017related by meaning
For 502(c)(8) civil penalty proceedings, this section shall apply in lieu of § 18.10 of this title.
86 FR 73976 — Revision of Annual Information Return/Reports ERISAFinal Rules (FR)Dec 29, 2021
…r other for-profit; Not-for-profit institutions.
Forms:
Form 5500 and Schedules.
Total Respondents:
840,923.
Total Responses:
840,923.
Frequency of Response:
Annually.
Estimated Total Burden Hours:
3,031,649.
Estimated Total Annualized Costs:
$0.
The aggregate hour burden for the Form 5500 Annual Return/Report (includi…
87 FR 14722 — Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Applications ERISAProposed Rules (FR)Proposed Mar 15, 2022
… hours are estimated to cost $89,699 and the 748 outside fiduciary hours are estimated to cost $217,840. This totals to $307,539.
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11.
(5 * $140.96) = $705.
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12.