*Letters

SIA and Other Associations Submit Comments to the US Department of Labor on Proposed Active-Cross Trading Exemption

Published on:
July 10, 2000

The Securities Industry Association (SIA)*, the Investment Company Institute (ICI), the Association for Investment Management and Research, and the Investment Council Association of Americaprovide comments to the Pension & Welfare Benefits Administration of U.S. Department of Labor (DOL) onthe joint submission in support of active cross-trading exemption from Section 406(b)(2) of the Employee Retirement Income Security Act of 1974 (ERISA).Thegroups believe there is compelling evidence that there are adequate safeguards and remedies available to pension funds should they decide voluntarily to engage in active cross-trades.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Letters
    Oct 22, 2026

    Treasury/IRS Notice 2026-49: Guidance on Section 324 of the SECURE 2.0 Act with Respect to Rollovers

    SIFMA supports modernizing retirement plan rollovers through standardized electronic processes, fraud safeguards and appropriate implementation timelines.
  • Amicus Briefs
    Oct 21, 2026

    In re USD LIBOR Litigation

  • Letters
    Oct 20, 2026

    SEC’s Proposed Rule Regulation Crypto Assets

    SIFMA and SIFMA AMG provide recommendations to the SEC on its proposed crypto asset regulation, addressing regulatory clarity, implementation and investor protection.

Get the latest trends, stats, and research on financial markets and securities.