18-Month Extension of Transition Period and Delay of Applicability Dates; Best Interest Contract Exemption (PTE 2016-01); Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs (PTE 2016-02); Prohibited Transaction Exemption 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Consultants, Insurance Companies, and Investment Company Principal Underwriters (PTE 84-24); Correction
SUMMARY: This document corrects two errors in the preamble of a document that appeared in the
EFFECTIVE DATE: Issuance date: The correction is issued
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
I. Background
There is a clerical error in footnote 66 in FR Doc. 2017-25760 (published
Footnote 66 is situated in the regulatory impact analysis section of the preamble. The textual discussion surrounding footnote 66 focuses on regulatory alternatives considered, but rejected by the
In addition, there is text missing in the portion of the preamble that discusses the Congressional Review Act (CRA). The Department inadvertently omitted a discussion of the basis for making the delay effective more quickly than the 60-day period generally required by the CRA for major rules. This document corrects that error.
II. Correction of Errors
In FR Doc. 2017-25760 of
1. On page 56557, second column, correct footnote 66 to read " See, e.g., Comment Letter #121 (
2. On page 56559, second column, add the following language to the end of Congressional Review Act discussion: "Although the CRA generally requires that major rules become effective no sooner than 60 days after
Signed at
Acting Assistant Secretary,
Technical corrections.
CFR Part: "29 CFR Part 2550"
Citation: "82 FR 57664"
Document Number: "ZRIN 1210-ZA27"
Federal Register Page Number: "57664"
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