SIFMA Statement On DOL Announcement Of Delay Of PTE Enforcement
<p>SIFMA released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, today regarding an announcement by the Department of Labor on a temporary delay of the enforcement effective date for Prohibited Transaction Exemption 2020-02:</p> <p>“We appreciate that the Department recognized the industry needs additional time to comply with Class Exemption 2020-02, and we thank the Department for the relief provided by in the notice issued today. We will continue to work with the Department on our shared goal of a smooth and effec...
Source: mondovisione.com