Groom’s assessment of the Department of Labor’s (“DOL”) proposed amendments to the regulations around prohibited transaction exemption procedures was featured in the Pensions & Investments article, “DOL Finalizes Changes for Prohibited Transaction Exemption Applications.”
The article included the portion of Groom’s publication that read, “Specifically, DOL must determine that the exemption is administratively feasible, in the interests of participants and beneficiaries, and protective of the rights of participants and beneficiaries.”
To read the article, click here.
