Checklist for Amended Prohibited Transaction Exemption 2020-02

This checklist outlines the key requirements for compliance with the Amended Prohibited Transaction Exemption (PTE) 2020-02 as set forth by the Department of Labor. It details fiduciary responsibilities, necessary disclosures, and compliance standards for investment professionals and financial institutions. The checklist serves as a practical guide to ensure adherence to the updated regulations affecting investment advice for retirement plans and IRAs.