SEC Proposes Individual Exemption to Amend PTE 99-45 Involving DLJ

Summary

The Securities and Exchange Commission (SEC) has proposed an individual exemption to amend Prohibited Transaction Exemption (PTE) 99-45, which involves Donaldson, Lufkin & Jenrette Securities Corporation (DLJ), a New York-based investment firm. The proposed exemption aims to address a specific transaction involving DLJ.