The Knowledge Group Has Scheduled a Live Webcast Prohibited Transactions Under ERISA

NEW YORK - Nov. 4, 2015 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: Prohibited Transactions Under ERISA: Obstructing Additional Taxes and Major Penalties. This two-hour event is scheduled on December 7, 2015 at 3:00 PM - 5:00 PM ET.

Event Synopsis:

The “prohibited transactions” rule under the Employee Retirement Income Security Act (ERISA) was created to ban transactions highly vulnerable to abuse. Recently, the Department of Labor (DOL) has re-proposed rule which aims to expand the definition of fiduciary investment advice. It includes two new prohibited transaction class exemptions as well as amendments to existing class exemptions. The proposed rule preserves the ability of fiduciary advisers, dealers, and insurance agents to continue accepting common forms of compensation that would otherwise be prohibited as conflicts of interest.

The DOL’s goal is to make sure that the new and amended exemptions available at the same time as the regulatory proposal becomes effective.

In a two-hour LIVE Webcast, a seasoned panel of thought leaders and professionals assembled by The Knowledge Group will offer the audience with an in-depth discussion of the fundamentals as well as updates of ERISA’s prohibited transactions rule. The panel will also offer the audience an overview of the three categories of prohibited transactions as outlined in 29 U.S.C. § 406. Going beyond the basic mechanics, our panel will present their thoughts and opinions on how to best comply with the ERISA “prohibited transactions” rule.

Key topics include:

•          Prohibited Transaction Rule - A Legal Primer

•          Three Categories of Prohibited Transactions

o          Transactions between Plan and party in interest;

o          Transactions between Plan and fiduciary; and,

o          Transfer of real or personal property to plan by party in interest.

•          Prohibited Transaction Exemptions and Amendments

•          Opportunities and Legal Challenges

•          Up-to-the-minute Regulatory Developments

Speakers/Faculty Panel

Hawkins Parnell Thackston & Young LLP

David R. Johanson

Partner

Freed Maxick CPAs

Holly Hejmowski

Senior Manager

For an updated list of the faculty panel, please visit:

https://theknowledgegroup.org/event-homepage/?event_id=1391

About The Knowledge Group/The Knowledge Congress Live Webcast Series

The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/ for further information and inquiry.