Securities Lending by Employee Benefit Plans, Prohibited Transaction Exemption 2006-16

PTE 2006-16 permits an employee benefit plan to lend securities to certain broker-dealers and banks and to make compensation arrangements for lending services provided by a plan fiduciary in connection with such securities loans. In the absence of this exemption, some aspects of these transactions might be prohibited under Section 406 of ERISA. The PTE includes conditions that constitute information collections under the PRA.

The latest form for Securities Lending by Employee Benefit Plans, Prohibited Transaction Exemption 2006-16 expires 2022-10-31 and can be found here.

PTE 2006-16 (Securities Lending by Employee Benefit Plans) - Hardcopy Disclosures

Federal Enterprise Architecture: Income Security - General Retirement and Disability