PTE 75-1 Final Exemption

This document is about final exemptions granted by the Department of Labor and Internal Revenue Service under the Employee Retirement Income Security Act (ERISA) and Internal Revenue Code. The exemptions allow certain classes of transactions involving employee benefit plans and broker-dealers, reporting dealers, and banks, such as the effecting of securities transactions, principal transactions, underwritings, market-making, and extensions of credit. The exemptions are subject to specific conditions designed to safeguard the interests of plans and their participants and beneficiaries.