Examples of INHAM Exemption in a sentence
If the Department chooses instead to use an assets-under-management test, we hope that it will choose the $50 million test in the INHAM Exemption (PTE 96-23) or the $85 million test in QPAM.
If you’re not registered, you’re limited to no more than 25 percent of any classin your fund being ERISA money.” On how to become a qualified plan asset manager and consequences ofthe designation, see “How Can Hedge Fund Managers Managing Plan Asset Funds Comply with the QPAM and INHAM Exemption Requirements?,” The Hedge Fund Law Report, Vol.
Unanswered Questions and Material Implications The advisory opinion does not address whether any prohibited transaction exemptions other than the QPAM or INHAM Exemption might apply in this context.
Because DCMC is directing an exchange in which it is on both sides of the transaction, DCMC does not believe the INHAM Exemption applies to the contemplated transaction.
For example, these requirements are substantially similar to the requirements in the Qualified Professional Asset Manager (QPAM) Exemption, PTE 84- 14, as amended in 2010, as well as the In-House Asset Manager (INHAM) Exemption, PTE 96-23.