United States: QPAM Amendment – Action Required By Investment Managers - Foley Hoag LLP
Wednesday, 1 May 2024
The U.S. Department of Labor ("DOL") has amended the qualified professional asset manager ("QPAM") class prohibited transaction exemption 84-14 ("QPAM Exemption"), effective as of June 17, 2024 ("QPAM Amendment").
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