[18506]
February 4, 2005
TO: PENSION COMMITTEE No. 5-05
PENSION OPERATIONS ADVISORY COMMITTEE No. 5-05
RE: FEBRUARY 11 CONFERENCE CALL ON DOL PROHIBITED TRANSACTION
EXEMPTION REFORM
A conference call has been scheduled for Friday, February 11, 2005 at 2:00 p.m. Eastern
Time to discuss approaches to prohibited transaction exemption (PTE) reform. The Department
of Labor, as part of a long-term project, is reviewing its prohibited transaction exemption
procedures. This review covers, among other things, the complexity of the rules and the extent
to which the rules overlap, duplicate or conflict with other laws. During the call, we plan to
discuss approaches to improve the PTE process.
If you would like to participate in the call, please fax the attached response form to
Brenda Turner (at 202-326-5841) or, alternatively, send an email to bturner@ici.org by Thursday,
February 10, 2005. To participate in this call, dial 888-391-6569 and enter passcode 21336. If you
have any questions, please contact the undersigned at 202-326-5837 or tkim@ici.org.
Thomas T. Kim
Associate Counsel
Attachment (in .pdf fomat)