The deadline for notifying the U.S. Department of Labor (DOL) is rapidly approaching for managers who are currently relying on PTE 84-14 (the QPAM Exemption).  Below are links to Seward & Kissel’s previously published guidance on the recent amendments to the QPAM Exemption.  We recommend that managers relying on the QPAM Exemption adopt and implement QPAM procedures before notifying the DOL.

DOL Finalizes Amendments to the QPAM Exemption – All QPAMs Must Take Action

Webinar: The Recent QPAM Exemption Changes: What You Need to Know

If you have any questions or need our assistance in preparing the required notice to the DOL, and/or related QPAM procedures and policies, please contact Bradley Fay at (212) 574-1429, S. John Ryan at (212) 574-1679, Michael O’Brien at (212) 574-1505, or Shayna Roth at (212) 574-1309.