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DOL Finalizes Changes to the QPAM Exemption: A Favored Management Tool Gets Less User-Friendly
Goodwin Procter 
[Guidance Overview] Apr. 9, 2024 "The changes make reliance on the QPAM Exemption more burdensome and challenging and may result, over time, in fewer choices for ERISA and IRA plan investors, their managers and their counterparties.2 The changes go into effect on Monday, June 17, 2024.... Changes will be particularly important to debt, real estate, alternatives and private strategies, where the QPAM exemption is often the favored exemption." |
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