Simpson Thacher Attorneys Author Law360 Article on Changes to ERISA’s QPAM Exemption
05.15.24
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Partner Erica Rozow and Senior Counsel George Gerstein and Jeanne Annarumma authored a Law360 article titled, “Asset Manager Exemption Shifts May Prove Too Burdensome,” which discussed the DOL’s recently finalized amendments to its qualified professional asset manager (QPAM) exemption. The article provided a comprehensive look at some of the key amendments made to the QPAM exemption, in addition to outlining takeaways for firms that manage ERISA accounts when considering how the changes may impact their reliance on this particular exemption.
To read the full article, please click here (subscription required).