Class Exemption for Certain Transactions Involving Purchase of Securities where Issuer May Use Proceeds to Reduce or Retire Indebtedness to Parties in Interest (PTE 1980-83)
ICR 201908-1210-003
OMB: 1210-0064
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1210-0064 can be found here:
Class Exemption for Certain
Transactions Involving Purchase of Securities where Issuer May Use
Proceeds to Reduce or Retire Indebtedness to Parties in Interest
(PTE 1980-83)
Extension without change of a currently approved collection
This Class Exemption exempts from the
prohibited transaction provisions of ERISA certain transactions
involving an employee benefit plan's purchase of securities that
may aid the issuer of the securities, who is a party in interest to
the plan, in reducing or retiring its indebtedness to a third
party.
US Code:
29
USC 408(a) Name of Law: Employee Retirement Income Security Act
of 1974
James Butikofer 202 693-8434
Butikofer.James@dol.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.