ABA Joint Committee on Employee Benefits Teleconference

Morgan Lewis Employee Benefits partner Donald J. Myers and of counsel Michael B. Richman will speak at the upcoming teleconference entitled "ERISA-Related Party Transactions and Fiduciary Conflicts: Prohibited Transaction Exemptions," for the American Bar Association Joint Committee on Employee Benefits.

When:
Thursday, December 6, 2012
1:00-2:30 pm ET

Presenters:
Donald J. Myers, Moderator
Michael B. Richman, Panelist

One of the hallmarks of ERISA is the symbiotic co-existence of harsh prohibitions against related party transactions and fiduciary conflicts of interest, coupled with an array of exceptions or exemptions tempering the harshness of those prohibitions. In many respects, a better understanding of normal plan administration and investment practices can be gained by examining those exemptions rather than the underlying prohibitions. This teleconference will review the major prohibited transaction exemptions that facilitate day-to-day plan administrative and investment operations.

Topics will include:

• ERISA's prohibited transactions
• An overview of the role statutory and class exemptions play in facilitating normal, nonabusive plan administration, funding, and investing practices
• A description of the major statutory and class exemptions that serve this role
• A description of typical safeguards incorporated in both class and individual exemptions

CLE Credit:
Please visit registration link below to find more information regarding CLE credit.