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SPARK Institute Comment Letter to EBSA on Proposed Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Applications (PDF)
The SPARK Institute
[Opinion] June 2, 2022 "The proposal will create greater uncertainty for the regulated community.... The proposal will discourage applications.... The proposal will unnecessarily limit transactions eligible for relief.... Reliance is critical and must be clearly defined.... The SPARK Institute is also concerned about the proposal's new 2% presumption for qualified independent fiduciaries." MORE >> |
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