{"abstract":"This document contains a notice of pendency before the Department of Labor (the Department) of Proposed Amendments to Prohibited Transaction Exemption (PTE) 75-1 (40 FR 50845, October 31, 1975, as amended by 71 FR 5883, February 3, 2006); PTE 80-83 (45 FR 73189, November 4, 1980); PTE 81-8 (46 FR 7511, January 23, 1981, as amended by 50 FR 14043, April 9, 1985); PTE 95-60 (60 FR 35925, July 12, 1995); PTE 97-41 (62 FR 42830, August 8, 1997); and PTE 2006-16 (71 FR 63786, October 31, 2006). The proposed amendments relate to the use of credit ratings as standards of credit-worthiness in such class exemptions. Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) requires the Department to remove any references to or requirements of reliance on credit ratings from its class exemptions and to substitute such standards of credit-worthiness as the Department determines to be appropriate. If adopted, the proposed amendments would affect participants and beneficiaries of employee benefit plans, fiduciaries of such plans, and the financial institutions that engage in transactions with, or provide services or products to, the plans.","action":"Notice of Proposed Amendments to Certain Class Exemptions.","agencies":[{"raw_name":"DEPARTMENT OF LABOR","name":"Labor Department","id":271,"url":"https://www.federalregister.gov/agencies/labor-department","json_url":"https://www.federalregister.gov/api/v1/agencies/271","parent_id":null,"slug":"labor-department"},{"raw_name":"Employee Benefits Security Administration","name":"Employee Benefits Security Administration","id":131,"url":"https://www.federalregister.gov/agencies/employee-benefits-security-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/131","parent_id":271,"slug":"employee-benefits-security-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2013/06/21/2013-14790.html","cfr_references":[],"citation":"78 FR 37572","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Written comments and requests for a public hearing should be received by the Department on or before August 20, 2013. If adopted, the amendments would be effective 60 days after the date of publication of the final amendments with respect to PTE 75-1; PTE 80-83; PTE 81-8; PTE 95-60; PTE 97-41; and PTE 2006-16.","disposition_notes":null,"docket_ids":["Application Number: D-11681"],"dockets":[],"document_number":"2013-14790","effective_on":null,"end_page":37583,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2013/06/21/2013-14790.xml","html_url":"https://www.federalregister.gov/documents/2013/06/21/2013-14790/proposed-amendments-to-class-prohibited-transaction-exemptions-to-remove-credit-ratings-pursuant-to","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2013-14790?publication_date=2013-06-21","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2013-06-21/2013-14790/mods.xml","not_received_for_publication":null,"page_length":12,"page_views":{"count":1525,"last_updated":"2026-10-22 22:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2013-06-21/pdf/2013-14790.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2013-14790.pdf?1371732824","publication_date":"2013-06-21","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2013/06/21/2013-14790.txt","regulation_id_number_info":{"1210-ZA18":null},"regulation_id_numbers":["1210-ZA18"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2013-07-11T08:03:34Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":37572,"subtype":null,"title":"Proposed Amendments to Class Prohibited Transaction Exemptions To Remove Credit Ratings Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act","toc_doc":"Class Prohibited Transaction Exemptions To Remove Credit Ratings","toc_subject":null,"topics":[],"type":"Notice","volume":78}