Mellon Bank PTE 2008-12, Application No. D–11460

Docket ID: EBSA-2008-0008
Agency: Employee Benefits Security Administration (EBSA)
Parent Agency: Department of Labor (DOL)
The Department grants an exemption under the authority of section 408(a) of the Act and section 4975(c)(2) of the Code, in accordance with the procedures setforth in 29 CFR part 2570, subpart B (55 FR 32836, 32847, August 10, 1990). The restrictions of sections 406(a), 406(b)(1) and 406(b)(2) of the Act and the sanctions resulting from the application of section 4975 of the Code, by reason of section 4975(c)(1)(A) through (E) of the Code, shall not apply as of January 18, 2008, to the cash sale of certain medium term notes (the Notes) for $28,584,601.46 by the EB Daily Liquidity Money Market Fund (the Fund) to The Bank of New York Mellon Corporation (BNYMC), a party in interest with respect to employee benefit plans invested in the Fund, provided that the following conditions are met.
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Related RINs: None
Related Dockets: None
Organization: OED
Type: Nonrulemaking

Primary Documents

View All  (2)
Comment Period Closed
Aug 22, 2008 11:59 PM ET
Posted: 07/08/2008
ID: EBSA-2008-0008-0001
Comment Period Closed
Posted: 10/06/2008
ID: EBSA-2008-0008-0002

Supporting Documents

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