Labour market · 31/07/2023

Exemption From Certain Prohibited Transaction Restrictions Involving J.P. Morgan Securities LLC, J.P. Morgan Investment Management Inc., J.P. Morgan Advisors (Formerly, J.P. Morgan Securities; JPMS Brokerage), and Chase Wealth Management Located in New York, New York

The Department of Labor has issued a notice of exemption from certain prohibited transaction restrictions for J.P. Morgan Securities LLC, J.P. Morgan Investment Management Inc., J.P. Morgan Advisors, and Chase Wealth Management, allowing them to engage in principal trades with certain client plans that are not covered by ERISA. The exemption applies to transactions involving securities purchases or sales between the applicants and these non-ERISA plan clients.