Regulacje i polityka gospodarcza · 23/10/2008

Notice of Proposed Amendment to Prohibited Transaction Exemption 99-34 for JPMorgan Chase Bank

The Department of Labor has proposed an amendment to PTE 99-34, which would extend the exemption to certain transactions with affiliates of Bear Stearns Companies Inc. for JPMorgan Chase Bank, a successor to The Chase Manhattan Bank, and would affect employee benefit plans that use JPMorgan Chase Bank as a securities lending agent or sub-agent.