Labour market · 17/11/2016Updated: 10/17/2026 · 1 min read
Notice of Proposed Exemption Involving UBS Assets Management (Americas) Inc.; UBS Realty Investors LLC; UBS Hedge Fund Solutions LLC; UBS O'Connor LLC; and Certain Future Affiliates in UBS's Asset Management and Wealth Management Americas Divisions
Summary
The Department of Labor has issued a notice proposing a temporary exemption from ERISA and the Internal Revenue Code for certain UBS entities, allowing them to rely on a specific exemption related to prohibited transactions.