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18316 Federal Register / Vol. 66, No. 67 / Friday, April 6, 2001 / Notices Prohibited Transaction Class Exemption 80 83 (Transactions involving purchase of securities where issuer may use proceeds
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What is prohibited transaction class exemption?
Prohibited transaction class exemption is an exemption issued by the Department of Labor that allows certain transactions that would otherwise be prohibited under ERISA.
Who is required to file prohibited transaction class exemption?
Any individual or entity seeking relief from prohibited transaction rules under ERISA may be required to file a prohibited transaction class exemption.
How to fill out prohibited transaction class exemption?
Prohibited transaction class exemption forms can be filled out electronically through the Department of Labor's website or submitted via mail with all required documentation.
What is the purpose of prohibited transaction class exemption?
The purpose of prohibited transaction class exemption is to provide relief from certain prohibited transactions under ERISA, allowing for flexibility in certain transactions.
What information must be reported on prohibited transaction class exemption?
Prohibited transaction class exemption forms typically require information about the parties involved, the nature of the transaction, and the reasons for seeking exemption.
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