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Revised QPAM Exemption Takes Effect June 17, 2024
Vedder Price 
[Guidance Overview] June 14, 2024 "The amendment requires each QPAM that relies upon the QPAM Exemption to provide a one-time notice to the DOL ... listing the QPAM's legal name (and any name the QPAM may be operating under). Notice is required only once, unless the legal or operating name of the QPAM is changed ... The amendment also significantly increases the assets under management (AUM) and shareholders' or partners' equity requirements." MORE >> |
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