12/12/2000: Amendment to Underwriter Exemptions-- Acquisition by Benefit Plans of CMBS in the Secondary Market (Sidley & Austin)Excerpt: "On November 13, 2000, the Department of Labor finalized an amendment to certain individual prohibited transaction exemptions commonly referred to as the 'underwriter exemptions.' The amendment significantly expands the types of issuers and the types of asset-backed and mortgage-backed securities that can be purchased by benefit plan investors."
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