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DOL Guidance on Cross-Trading Prohibited Transaction Exemption
Deloitte
Feb. 21, 2007
Excerpt: The interim final rules do not establish any compliance burdens for employers and plan administrators; however, employers, plan administrators, and other plan fiduciaries should be aware of these content requirements because they will have to review investment managers' cross-trading policies and procedures before deciding whether their plans will participate in cross-trading programs.
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