{"abstract":"This document contains a notice of pendency before the Department of Labor of a proposed amendment to Prohibited Transaction Exemption (PTE) 84-24, an exemption from certain prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code). The ERISA and Code provisions at issue generally prohibit fiduciaries with respect to employee benefit plans and individual retirement accounts (IRAs) from engaging in self-dealing in connection with transactions involving these plans and IRAs. The exemption allows fiduciaries to receive compensation when plans and IRAs enter into certain insurance and mutual fund transactions recommended by the fiduciaries as well as certain related transactions. The proposed amendments would increase the safeguards of the exemption. This document also contains a notice of pendency before the Department of the proposed revocation of the exemption as it applies to IRA purchases of mutual fund shares and certain annuity contracts. The amendments and revocations would affect participants and beneficiaries of plans, IRA owners and certain fiduciaries of plans and IRAs.","action":"Notice of Proposed Amendment to and Proposed Partial Revocation of PTE 84-24.","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/2015/04/20/2015-08837.html","cfr_references":[{"chapter":null,"citation_url":null,"part":2550,"title":29}],"citation":"80 FR 22010","comment_url":null,"comments_close_on":"2015-07-06","correction_of":null,"corrections":[],"dates":"Comments: Written comments must be received by the Department on or before July 6, 2015.","disposition_notes":null,"docket_ids":["Application Number D-11850"],"dockets":[{"supporting_documents":[],"agency_name":null,"documents":[{"comment_count":0,"comment_start_date":"2015-04-20","updated_at":"2023-02-28T20:11:26.602-05:00","comment_url":"https://www.regulations.gov/commenton/EBSA-2014-0016-0004","allow_late_comments":null,"id":"EBSA-2014-0016-0004","comment_end_date":"2015-09-25","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"EBSA-2014-0016","title":"Fiduciary - Conflict of Interest Exemptions"}],"document_number":"2015-08837","effective_on":null,"end_page":22020,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2015/04/20/2015-08837.xml","html_url":"https://www.federalregister.gov/documents/2015/04/20/2015-08837/proposed-amendment-to-and-proposed-partial-revocation-of-prohibited-transaction-exemption-pte-84-24","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2015-08837?publication_date=2015-04-20","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2015-04-20/2015-08837/mods.xml","not_received_for_publication":null,"page_length":11,"page_views":{"count":1223,"last_updated":"2026-07-26 16:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2015-04-20/pdf/2015-08837.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2015-08837.pdf?1429110920","publication_date":"2015-04-20","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2015/04/20/2015-08837.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":0,"agency_id":"EBSA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=EBSA-2014-0016","supporting_documents_count":0,"docket_id":"EBSA-2014-0016","document_id":"EBSA-2014-0016-0004","regulation_id_number":"1210-ZA25","title":"Fiduciary - Conflict of Interest Exemptions","checked_regulationsdotgov_at":"2023-03-01T01:11:25Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":22010,"subtype":null,"title":"Proposed Amendment to and Proposed Partial Revocation of Prohibited Transaction Exemption (PTE) 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Consultants, Insurance Companies and Investment Company Principal Underwriters","toc_doc":"Certain Transactions Involving Insurance Agents and Brokers, Pension Consultants, Insurance Companies, and Investment Company Principal Underwriters","toc_subject":"Prohibited Transaction Exemptions; Proposed Amendments and Proposed Partial Revocations:","topics":[],"type":"Proposed Rule","volume":80}