Proposed Exemption From Certain Prohibited Transaction Restrictions for Certain Asset Mana
If granted, this proposed exemption would allow certain current and future UBS-related asset managers to rely on Prohibited Transaction Exemption (PTE) 84-14 until May 4, 2031, if certain conditions are met, notwithstanding four judgments of conviction and one non-prosecution agreement involving entities within UBS' co
| Agency | Labor Department, Employee Benefits Security Administration |
|---|---|
| Document type | Notice |
| Published | 2026-02-26 |
| Summary | If granted, this proposed exemption would allow certain current and future UBS-related asset managers to rely on Prohibited Transaction Exemption (PTE) 84-14 until May 4, 2031, if certain conditions are met, notwithstanding four judgments of conviction and one non-prosecution agreement involving entities within UBS' corporate umbrella. |
| Document number | 2026-03825 |
| Official record | https://www.federalregister.gov/documents/2026/02/26/2026-03825/proposed-exemption-from-certain-prohibited-transaction-restrictions-for-certain-asset-managers |