Source: https://www.law.cornell.edu/cfr/text/29/chapter-V/subchapter-C
Timestamp: 2017-10-17 19:14:18
Document Index: 415566952

Matched Legal Cases: ['ART 801', '§ 801', 'ART 825', '§ 825', 'art.\n2017', 'art 541', 'art 541', 'art 541', 'arts 2509', 'art 2510', 'arts 1915', 'art 4901', 'arts 405', 'arts 1910', 'art 503', 'art 102', 'art 1208', 'art 1601', 'arts 4071', 'art 70']

29 CFR Chapter V, Subchapter C - OTHER LAWS | US Law | LII / Legal Information Institute
CFR › Title 29 › Subtitle B › Chapter V › Subchapter C
29 CFR Chapter V, Subchapter C - OTHER LAWS
PART 801 - APPLICATION OF THE EMPLOYEE POLYGRAPH PROTECTION ACT OF 1988 (§§ 801.1 - 801.75)
PART 825 - THE FAMILY AND MEDICAL LEAVE ACT OF 1993 (§§ 825.100 - 825.803)
Title 29 published on 20-Jul-2017 03:49
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to Title 29 after this date.
* Only displaying the most recent 50 entries for Title 29. Please, view a Part for the full list of changes within that Part.
2017-08-31; vol. 82 # 168 - Thursday, August 31, 2017
82 FR 41365 - Extension of Transition Period and Delay of Applicability Dates; Best Interest Contract Exemption (PTE 2016-01); Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs (PTE 2016-02); Prohibited Transaction Exemption 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Consultants, Insurance Companies, and Investment Company Principal Underwriters (PTE 84-24)
FR Doc. 2017-18520
RIN Z; 1210-ZA27
Application Number D-11712
D-11713
D-11850
Notice of proposed amendments to PTE 2016-01, PTE 2016-02, and PTE 84-24.
Comments must be submitted on or before September 15, 2017.
This document proposes to extend the special transition period under sections II and IX of the Best Interest Contract Exemption and section VII of the Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs. This document also proposes to delay the applicability of certain amendments to Prohibited Transaction Exemption 84-24 for the same period. The primary purpose of the proposed amendments is to give the Department of Labor the time necessary to consider possible changes and alternatives to these exemptions. The Department is particularly concerned that, without a delay in the applicability dates, regulated parties may incur undue expense to comply with conditions or requirements that it ultimately determines to revise or repeal. The present transition period is from June 9, 2017, to January 1, 2018. The new transition period would end on July 1, 2019. The proposed amendments to these exemptions would affect participants and beneficiaries of plans, IRA owners and fiduciaries with respect to such plans and IRAs.
2017-08-30; vol. 82 # 167 - Wednesday, August 30, 2017
82 FR 41184 - Cranes and Derricks in Construction: Operator Certification Extension
FR Doc. 2017-18441
Docket No. ID-OSHA-2007-0066
Submit comments to this proposed rule, including comments to the information collection (paperwork) determination (described under the section titled “Agency Determinations”), hearing requests, and other information by September 29, 2017. All submissions must bear a postmark or provide other evidence of the submission date.
Under OSHA&apos;s standard for cranes and derricks used in construction work, crane operators are to be certified by November 10, 2017. Until that date, employers also have duties under the standard to ensure that crane operators are trained and competent to operate the crane safely. The Agency delayed the deadline for operator certification by three years to November 10, 2017, and extended the existing employer duties for the same period. The Agency is proposing to delay the deadline and extend the existing employer duty to ensure that operators of equipment covered by this standard are competent to operate the equipment safely for one year to November 17, 2018.
82 FR 34616 - Request for Information; Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees
FR Doc. 2017-15666
RIN 1235-AA20
Submit written comments on or before September 25, 2017.
29 CFR Part 541
The Department of Labor (Department) is seeking information from the public regarding the regulations located at 29 CFR part 541, which define and delimit exemptions from the Fair Labor Standards Act&apos;s minimum wage and overtime requirements for certain executive, administrative, professional, outside sales and computer employees. The Department is publishing this Request for Information (RFI) to gather information to aid in formulating a proposal to revise the part 541 regulations.
82 FR 31252 - Walking-Working Surfaces and Personal Protective Equipment (Fall Protection Systems) for General Industry; Approval of Collections of Information
FR Doc. 2017-14122
RIN 1218-AB80
Docket No. OSHA-2013-0002
Effective July 6, 2017.
This technical amendment revises an OSHA regulation to reflect the Office of Management and Budget&apos;s (OMB) approval of the collections of information contained in the general industry Walking-Working Surfaces and Personal Protective Equipment (Fall Protection Systems) standards.
82 FR 31278 - Request for Information Regarding the Fiduciary Rule and Prohibited Transaction Exemptions
FR Doc. 2017-14101
RIN 1210-AB82
Comments in response to question 1 (relating to extending the January 1, 2018, applicability date of certain provisions) should be submitted to the Department on or before July 21, 2017. Comments in response to all other questions should be submitted to the Department on or before August 7, 2017. The Department requests that comments be received within these timeframes to ensure their consideration.
29 CFR Parts 2509, 2510, and 2550
The Employee Benefits Security Administration of the U.S. Department of Labor (the Department) is publishing this Request for Information in connection with its examination of the final rule defining who is a “fiduciary” of an employee benefit plan for purposes of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code, as a result of giving investment advice for a fee or other compensation with respect to assets of a plan or IRA (Fiduciary Rule or Rule). The examination also includes the new and amended administrative class exemptions from the prohibited transaction provisions of ERISA and the Code that were published in conjunction with the Rule (collectively, the Prohibited Transaction Exemptions or PTEs). This Request for Information specifically seeks public input that could form the basis of new exemptions or changes/revisions to the rule and PTEs, and input regarding the advisability of extending the January 1, 2018, applicability date of certain provisions in the Best Interest Contract Exemption, the Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs, and Prohibited Transaction Exemption 84-24.
2017-06-28; vol. 82 # 123 - Wednesday, June 28, 2017
82 FR 29236 - Definition of Employee Pension Benefit Plan Under ERISA
FR Doc. 2017-13459
RIN 1210-AB76
This action is effective June 28, 2017.
29 CFR Part 2510
Under the Congressional Review Act, Congress has passed, and the President has signed resolutions of disapproval of Savings Arrangements Established by States for Non-Governmental Employees and Savings Arrangements Established by Qualified State Political Subdivisions for Non-Governmental Employees, as codified in the Code of Federal Regulations. The Employee Benefits Security Administration (EBSA) published these final rules in 2016, effective October 31, 2016 and January 19, 2017, respectively. Because these resolutions invalidate these final rules, EBSA is hereby removing these final rules from the Code of Federal Regulations.
82 FR 29261 - Improve Tracking of Workplace Injuries and Illnesses: Proposed Delay of Compliance Date
FR Doc. 2017-13550
RIN 1218-AD16
Proposed rule; delay of compliance date.
Written comments must be submitted (postmarked, sent, or received) by July 13, 2017.
On May 12, 2016, the Occupational Safety and Health Administration (OSHA) published a rule entitled “Improve Tracking of Workplace Injuries and Illnesses” with an effective date of January 1, 2017 for the final rule&apos;s electronic reporting requirements. The final rule sets an initial deadline of July 1, 2017, as the date by which certain employers are required to submit the information from their completed 2016 Form 300A to OSHA electronically. This action proposes to extend the initial submission deadline for 2016 Form 300A data to December 1, 2017, to provide the new administration an opportunity to review the new electronic reporting requirements prior to their implementation and allow affected entities sufficient time to familiarize themselves with the electronic reporting system, which will not be available until August 1. The proposed five-month delay would be effective on the date of publication of a final rule in the Federal Register . OSHA also intends to issue a separate proposal to reconsider, revise, or remove other provisions of the prior final rule. OSHA will seek comment on those provisions in that separate proposal. In this proposal, OSHA only seeks comment on the delay of the July 1, 2017 compliance date to December 1, 2017.
2017-06-27; vol. 82 # 122 - Tuesday, June 27, 2017
82 FR 29182 - Occupational Exposure to Beryllium and Beryllium Compounds in Construction and Shipyard Sectors
FR Doc. 2017-12871
RIN 1218-AB76
Docket No. OSHA-H005C-2006-0870
Written comments. Written comments, including comments on the information collection determination described in Section VII of the preamble (OMB Review under the Paperwork Reduction Act of 1995), must be submitted (postmarked, sent, or received) by August 28, 2017. Informal public hearings. The Agency will schedule an informal public hearing on the proposed rule if requested during the comment period. The location and date of the hearing, procedures for interested parties to notify the Agency of their intention to participate, and procedures for participants to submit their testimony and documentary evidence will be announced in the Federal Register if a hearing is requested.
29 CFR Parts 1915 and 1926
The Occupational Safety and Health Administration (OSHA) proposes to revoke the ancillary provisions for the construction and the shipyard sectors that OSHA adopted on January 9, 2017 but retain the new lower permissible exposure limit (PEL) of 0.2 μg/m 3 and the short term exposure limit (STEL) of 2.0 μg/m 3 for each sector. OSHA will not enforce the January 9, 2017 shipyard and construction standards without further notice while this new rulemaking is underway. This proposal does not affect the general industry beryllium standard published on January 9, 2017.
82 FR 26990 - Examination and Copying of PBGC Records
FR Doc. 2017-12207
RIN 1212-AB43
Effective date: June 13, 2017. Applicability date: Like the provisions of the FOIA Improvement Act of 2016 that this rule incorporates, and which PBGC has been following since the Act became effective on June 30, 2016, the amendments in this rule apply to requests for records under the Freedom of Information Act that are made after June 30, 2016.
29 CFR Part 4901
In accordance with the FOIA Improvement Act of 2016, this rule amends the regulation of the Pension Benefit Guaranty Corporation that governs the examination and copying of PBGC records.
82 FR 26877 - Rescission of Rule Interpreting “Advice” Exemption in Section 203(c) of the Labor-Management Reporting and Disclosure Act
FR Doc. 2017-11983
RIN 1245-AA07
DEPARTMENT OF LABOR, Office of Labor-Management Standards
Comments must be received on or before August 11, 2017.
29 CFR Parts 405 and 406
This Notice of Proposed Rulemaking proposes to rescind the regulations established in the final rule titled “Interpretation of the `Advice&apos; Exemption in Section 203(c) of the Labor-Management Reporting and Disclosure Act,” effective April 15, 2016.
82 FR 20548 - Clarification of Employer&apos;s Continuing Obligation To Make and Maintain an Accurate Record of Each Recordable Injury and Illness
FR Doc. 2017-08754
RIN 1218-AC84
Docket No. OSHA-2015-0006
This final rule becomes effective on May 3, 2017.
Under the Congressional Review Act, Congress has passed, and the President has signed, Public Law 115-21, a resolution of disapproval of OSHA&apos;s final rule titled, “Clarification of Employer&apos;s Continuing Obligation to Make and Maintain an Accurate Record of each Recordable Injury and Illness.” OSHA published the rule, which contained various amendments to OSHA&apos;s recordkeeping regulations, on December 19, 2016. The amendments became effective on January 18, 2017. Because Public Law 115-21 invalidates the amendments to OSHA&apos;s recordkeeping regulations contained in the rule promulgated on December 19, 2016, OSHA is hereby removing those amendments from the Code of Federal Regulations.
82 FR 16902 - Definition of the Term “Fiduciary”; Conflict of Interest Rule—Retirement Investment Advice; Best Interest Contract Exemption (Prohibited Transaction Exemption 2016-01); Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs (Prohibited Transaction Exemption 2016-02); Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, 84-24 and 86-128
FR Doc. 2017-06914
RIN 1210-AB79
Final rule; extension of applicability date.
Effective dates: This rule is effective April 10, 2017. The end of the effective period for 29 CFR 2510.3-21(j) is extended from April 10, 2017, to June 9, 2017. Applicability dates: See Section E of the SUPPLEMENTARY INFORMATION section for dates for the prohibited transaction exemptions.
This document extends for 60 days the applicability date of the final regulation, published on April 8, 2016, defining who is a “fiduciary” under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986. It also extends for 60 days the applicability dates of the Best Interest Contract Exemption and the Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs. It requires that fiduciaries relying on these exemptions for covered transactions adhere only to the Impartial Conduct Standards (including the “best interest” standard), as conditions of the exemptions during the transition period from June 9, 2017, through January 1, 2018. Thus, the fiduciary definition in the rule (Fiduciary Rule or Rule) published on April 8, 2016, and Impartial Conduct Standards in these exemptions, are applicable on June 9, 2017, while compliance with the remaining conditions in these exemptions, such as requirements to make specific written disclosures and representations of fiduciary compliance in communications with investors, is not required until January 1, 2018. This document also delays the applicability of amendments to Prohibited Transaction Exemption 84-24 until January 1, 2018, other than the Impartial Conduct Standards, which will become applicable on June 9, 2017. Finally, this document extends for 60 days the applicability dates of amendments to other previously granted exemptions. The President, by Memorandum to the Secretary of Labor dated February 3, 2017, directed the Department of Labor to examine whether the Fiduciary Rule may adversely affect the ability of Americans to gain access to retirement information and financial advice, and to prepare an updated economic and legal analysis concerning the likely impact of the Fiduciary Rule as part of that examination. The extensions announced in this document are necessary to enable the Department to perform this examination and to consider possible changes with respect to the Fiduciary Rule and PTEs based on new evidence or analysis developed pursuant to the examination.
82 FR 14439 - Occupational Exposure to Beryllium; Further Delay of Effective Date
FR Doc. 2017-05569
As of March 21, 2017, the effective date of the final rule amending 29 CFR parts 1910, 1915, and 1926 that published in the Federal Register of January 9, 2017 at 82 FR 2470, delayed at 82 FR 8901 on February 1, 2017, is further delayed to May 20, 2017.
On January 9, 2017, the Occupational Safety and Health Administration (OSHA) published a rule entitled “Occupational Exposure to Beryllium” with an effective date of March 10, 2017 (“Beryllium Final Rule”). OSHA subsequently delayed the effective date of the Beryllium Final Rule to March 21, 2017 (February 1, 2017) and proposed to further delay the effective date to May 20, 2017 (March 2, 2017). This action finalizes that proposal. The additional time will allow OSHA the opportunity for further review of the new Beryllium Final Rule, including review of concerns that commenters raised, and is consistent with the memorandum of January 20, 2017, from the Assistant to the President and Chief of Staff, entitled “Regulatory Freeze Pending Review.”
82 FR 14147 - Department of Homeland Security and Department of Labor Federal Civil Penalties Inflation Adjustment Act Annual Adjustments for the H-2B Temporary Non-agricultural Worker Program
FR Doc. 2017-05178
RIN 1615-AC10
CIS No. 2585-16
DEPARTMENT OF LABOR, DEPARTMENT OF HOMELAND SECURITY, Wage and Hour Division
This final rule is effective March 17, 2017. As provided by the Inflation Adjustment Act, the increased penalty levels apply to any penalties assessed after March 17, 2017.
29 CFR Part 503
The U.S. Department of Homeland Security (DHS) and the U.S. Department of Labor (DOL) (collectively, “the Departments”) are jointly issuing this final rule to adjust for inflation the civil monetary penalties assessed or enforced in connection with the employment of temporary nonimmigrant workers under the H-2B program, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Inflation Adjustment Act). The Inflation Adjustment Act provides that agencies shall adjust civil monetary penalties notwithstanding Section 553 of the Administrative Procedure Act (APA). Additionally, the Inflation Adjustment Act provides a cost-of-living formula for adjustment of the civil penalties. Accordingly, this final rule sets forth the Departments&apos; 2017 annual adjustments for inflation to the H-2B civil monetary penalties, effective March 17, 2017.
2017-03-02; vol. 82 # 40 - Thursday, March 2, 2017
82 FR 12318 - Occupational Exposure to Beryllium: Proposed Delay of Effective Date
FR Doc. 2017-04040
Proposed delay of effective date.
Written comments must be submitted (postmarked, sent, or received) by March 13, 2017.
In accordance with the Presidential directive as expressed in the memorandum of January 20, 2017, from the Assistant to the President and Chief of Staff, entitled “Regulatory Freeze Pending Review,” this action proposes, following a brief 10-day comment period, to further temporarily delay until May 20, 2017 the effective date of the rule entitled Occupational Exposure to Beryllium, published in the Federal Register on January 9, 2017 (82 FR 2470). The current effective date is March 21, 2017. This additional delay will allow OSHA officials the opportunity for further review and consideration of the new regulations.
82 FR 12319 - Definition of the Term “Fiduciary”; Conflict of Interest Rule—Retirement Investment Advice; Best Interest Contract Exemption (Prohibited Transaction Exemption 2016-01); Class Exemption for Principal Transactions in Certain Assets Between Investment Advice Fiduciaries and Employee Benefit Plans and IRAs (Prohibited Transaction Exemption 2016-02); Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, 84-24 and 86-128
FR Doc. 2017-04096
Proposed rule; extension of applicability date.
Comments on the proposal to extend the applicability dates for 60 days should be submitted to the Department on or before March 17, 2017. Comments regarding the examination described in the President&apos;s Memorandum, generally and with respect to the specific areas described below, should be submitted to the Department on or before April 17, 2017.
This document proposes to extend for 60 days the applicability date defining who is a “fiduciary” under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code of 1986 (Code), and the applicability date of related prohibited transaction exemptions including the Best Interest Contract Exemption and amended prohibited transaction exemptions (collectively PTEs) to address questions of law and policy. The final rule, entitled Definition of the Term “Fiduciary;” Conflict of Interest Rule—Retirement Investment Advice, was published in the Federal Register on April 8, 2016, became effective on June 7, 2016, and has an applicability date of April 10, 2017. The PTEs also have applicability dates of April 10, 2017. The President by Memorandum to the Secretary of Labor, dated February 3, 2017, directed the Department of Labor to examine whether the final fiduciary rule may adversely affect the ability of Americans to gain access to retirement information and financial advice, and to prepare an updated economic and legal analysis concerning the likely impact of the final rule as part of that examination. This document invites comments on the proposed 60-day delay of the applicability date, on the questions raised in the Presidential Memorandum, and generally on questions of law and policy concerning the final rule and PTEs. The proposed 60-day delay would be effective on the date of publication of a final rule in the Federal Register .
82 FR 11748 - Procedural Rules and Regulations
FR Doc. 2017-01288
This rule will be effective on March 6, 2017.
29 CFR Part 102
The National Labor Relations Board amends its procedural Rules and Regulations to: Reflect modern technology, such as E-Filing, and eliminate references to telegraphs, carbon copies, and the requirements for hard copy submissions and multiple copies; use more plain language and eliminate legalistic terms such as “therefrom,” “thereupon,” “therein,” “herein,” and “said;” reorganize the Rules and add headings so that the subject matter is easier to find; incorporate current practices that had not been included in the published Rules, such as the Board&apos;s Alternative Dispute Resolution Program; and update and streamline procedural provisions of the FOIA regulations. The amendments also clarify the means by which documents are filed and service is made by the parties and the Board. They also promote the parties&apos; use of E-Filing, which will facilitate sharing documents with the public. These revisions are procedural rather than substantive.
82 FR 8895 - Access to Information
FR Doc. 2017-02103
RIN 3140-AA00
Docket No. C-7156
This rule is effective February 1, 2017.
29 CFR Part 1208
The National Mediation Board (NMB or Board) revises its Information Access regulations in order to implement the FOIA Improvement Act of 2016, to update certain provisions, and to amend its regulations regarding responding to subpoenas.
82 FR 8901 - Occupational Exposure to Beryllium: Delay of Effective Date
FR Doc. 2017-02149
This regulation is effective on February 1, 2017. The effective date of the regulation entitled Occupational Exposure to Beryllium published in the Federal Register on January 9, 2017 (82 FR 2470) is delayed to a new effective date of March 21, 2017.
In accordance with the Presidential directive as expressed in the memorandum of January 20, 2017, from the Assistant to the President and Chief of Staff, entitled “Regulatory Freeze Pending Review,” this action temporarily delays until March 21, 2017 the effective date of the rule entitled Occupational Exposure to Beryllium, published in the Federal Register on January 9, 2017 (82 FR 2470), to allow OSHA officials the opportunity for further review and consideration of new regulations.
82 FR 8812 - The 2017 Adjustment of the Penalty for Violation of Notice Posting Requirements
FR Doc. 2017-01277
RIN 3046-AB06
This final rule is effective March 2, 2017.
29 CFR Part 1601
In accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which further amended the Federal Civil Penalties Inflation Adjustment Act of 1990, this final rule adjusts for inflation the civil monetary penalty for violation of the notice-posting requirements in Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, and the Genetic Information Non-Discrimination Act.
82 FR 8813 - Adjustment of Civil Penalties
FR Doc. 2017-01074
RIN 1212-AB33
Effective date: This rule is effective on January 31, 2017. Applicability date: The increases in the civil monetary penalties under sections 4071 and 4302 provided for in this rule apply to such penalties assessed after January 31, 2017.
29 CFR Parts 4071 and 4302
The Pension Benefit Guaranty Corporation is required to amend its regulations annually to adjust the penalties provided for in sections 4071 and 4302 of the Employee Retirement Income Security Act of 1974. This action is being taken in accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and Office of Management and Budget memorandum M-17-11. The regulations being amended are those on Penalties for Failure to Provide Certain Notices or Other Material Information and Penalties for Failure to Provide Certain Multiemployer Plan Notices.
82 FR 7666 - Revision of FOIA Regulations
FR Doc. 2017-00453
RIN 1290-AA30
This final rule is effective January 23, 2017.
29 CFR Part 70
This final rule amends the Department of Labor&apos;s regulations under the Freedom of Information Act (“FOIA”). The regulations have been revised to update and streamline the language of several procedural provisions and to incorporate changes brought about by the amendments to the FOIA under the OPEN Government Act of 2007 and the FOIA Improvement Act of 2016. Additionally, the regulations have been updated to incorporate changes in the agency&apos;s administrative structure.
82 FR 7336 - Proposed Best Interest Contract Exemption for Insurance Intermediaries
FR Doc. 2017-01316
RIN Z; 1210-ZA26
Application No. D-11926
Notification of Proposed Class exemption.
Comments: Written comments and requests for a public hearing on the proposed exemption must be submitted to the Department within 30 days from the date of publication of this Federal Register document. Applicability: The Department proposes to make this exemption available on April 10, 2017. Transition relief is proposed for the period from April 10, 2017, through August 15, 2018; see “Transition Relief,” below.
This document contains a notice of pendency before the Department of Labor of a proposed class exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974, as amended (ERISA), and the Internal Revenue Code of 1986, as amended (the Code). The provisions at issue generally prohibit fiduciaries with respect to employee benefit plans and individual retirement accounts (IRAs) from engaging in self-dealing and receiving compensation from third parties in connection with transactions involving the plans and IRAs. The exemption proposed in this document, if granted, would allow certain insurance intermediaries, and the insurance agents and insurance companies they contract with, to receive compensation in connection with fixed annuity transactions that may otherwise give rise to prohibited transactions as a result of the provision of investment advice to plan participants and beneficiaries, IRA owners and certain plan fiduciaries (including small plan sponsors). The proposed exemption includes protective conditions to safeguard the interests of the plans, participants and beneficiaries and IRA owners and is similar to the Department&apos;s Best Interest Contract Exemption (PTE 2016-01) granted on April 8, 2016, at 81 FR 21002, as corrected at 81 FR 44773 (July 11, 2016).