Examples of QPAM Exemption in a sentence

QPAM Exemption The DOL adopted an amendment to ERISA prohibited transaction exemption 84-14 (the "QPAM Exemption"), expanding the coverage of the exemption to include in-house pension and other employee benefit plans maintained by investment advisers for their own employees.
Both TTI and Nikko Tokyo are direct subsidiaries of SMFG and thus are affiliates for the purposes of Section I(g) of the QPAM Exemption.
Actual losses include losses and related costs arising from unwinding transactions with third parties and from transitioning Plan assets to an alternative asset manager as well as costs associated with any exposure to excise taxes under Code Section 4975 because of TTI’s inability to rely upon the relief in the QPAM Exemption.
ISDA agreements require TTI to represent that it meets all conditions of the QPAM Exemption, and a breach of this representation would entitle the counterparty to terminate the transaction.
For futures, options, and cleared and bilateral swaps, TTI relies on the QPAM Exemption to buy and sell these products, which certain strategies rely on to hedge risk and obtain certain exposures on an economic basis.

More Definitions of QPAM Exemption

QPAM Exemption means PTE 84-14 (issued December 21, 1982, as subsequently amended).

QPAM Exemption means PTE 84-14 (issued March 13, 1984).

QPAM Exemption is defined in Section 6.2(c).

QPAM Exemption means Prohibited Transaction Class Exemption 84-14 (issued March 13, 1984).

QPAM Exemption is defined in Section 6.2(d). “Related Fund” means, with respect to any holder of any Bond, any fund or entity that (a) invests in securities (as defined in Section 2(a)(1) of the Securities Act) or bank loans, and (b) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. “Reporting Controls” is defined in Section 5.19(a)(iii).

QPAM Exemption means ERISA Prohibited Transaction Class Exemption 84-14, as amended, and “QPAM” means a “qualified professional asset manager” within the meaning of the QPAM Exemption.