United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2003_register executive 2010-09-23 article Notices D09002ee1c817a892 D09002ee1c817a934 United States Department of Labor originator org United States Government Agency or Subagency United States Employee Benefits Security Administration originator org United States Government Agency or Subagency This document contains a final exemption before the Department of Labor (the Department) which replaces PTE 97-63 (62 FR 66689, December 19, 1997). This exemption permits securities lending transactions between State Street, its United States (U.S.) domiciled affiliates, and certain employee benefit plans (the Client Plan(s)) and/or commingled investment funds holding plan assets (CIF(s)); provided State Street, through any division or U.S. affiliate of State Street or of its parent acts as securities lending agent (or sub- agent). This exemption also permits receipt of compensation by a U.S. registered introducing broker affiliated with State Street (the Introducing Broker) in connection with an arrangement whereby securities are lent to an unrelated U.S. registered broker-dealer (the Clearing Broker) who in turn lends such securities to clients of the Introducing Broker; provided that certain conditions are satisfied. In addition, this exemption incorporates various modifications to specific terms and conditions of PTE 97-63. The replacement of PTE 97- 63 affects the participants and beneficiaries of the Client Plans participating in securities lending transactions and the fiduciaries with respect to such Client Plans. 68 FR 37526 https://www.govinfo.gov/app/details/FR-2003-06-24/03-15930 03-15930 fr24jn03-93 4510-29-P Prohibited Transaction Exemption 2003-19 Application No. D-11122 https://www.govinfo.gov/app/details/FR-2003-06-24/03-15930 https://www.govinfo.gov/content/pkg/FR-2003-06-24/html/03-15930.htm https://www.govinfo.gov/content/pkg/FR-2003-06-24/pdf/03-15930.pdf 9 p. 37526 37534 68 FR 37526 Grant of Individual Exemption To Replace Prohibited Transaction Exemption 97-63 (PTE 97-63) Involving State Street Bank and Trust Company (State Street) Located in Boston, MA; Federal Register Vol. 68, Issue NOTICE 03-15930 DEPARTMENT OF LABOR Employee Benefits Security Administration 2003-02-06 Prohibited Transaction Exemption 2003-19 Application No. D-11122 4510-29-P 03-15930 Grant of individual exemption to replace PTE 97-63.

This document contains a final exemption before the Department of Labor (the Department) which replaces PTE 97-63 (62 FR 66689, December 19, 1997). This exemption permits securities lending transactions between State Street, its United States (U.S.) domiciled affiliates, and certain employee benefit plans (the Client Plan(s)) and/or commingled investment funds holding plan assets (CIF(s)); provided State Street, through any division or U.S. affiliate of State Street or of its parent acts as securities lending agent (or sub- agent). This exemption also permits receipt of compensation by a U.S. registered introducing broker affiliated with State Street (the Introducing Broker) in connection with an arrangement whereby securities are lent to an unrelated U.S. registered broker-dealer (the Clearing Broker) who in turn lends such securities to clients of the Introducing Broker; provided that certain conditions are satisfied. In addition, this exemption incorporates various modifications to specific terms and conditions of PTE 97-63. The replacement of PTE 97- 63 affects the participants and beneficiaries of the Client Plans participating in securities lending transactions and the fiduciaries with respect to such Client Plans.

This exemption is effective as of February 6, 2003, the date when the Notice of Proposed Exemption (the Notice) was published in the Federal Register. Ms. Angelena C. Le Blanc, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor, telephone number (202) 693-8540. (This is not a toll-free number.) Employee benefit plans; individual exemptions: State Street Bank Trust Co., Vol. 68, no. 121 Office of the Federal Register, National Archives and Records Administration 2003-06-24 continuing daily deposited born digital 315 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2003-06-24 P0b002ee1809e5b5b 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr24jn03 https://www.govinfo.gov/app/details/FR-2003-06-24 https://www.govinfo.gov/content/pkg/FR-2003-06-24/pdf/FR-2003-06-24.pdf https://www.govinfo.gov/content/pkg/FR-2003-06-24/xml/FR-2003-06-24.xml fdlp 37387 37692 DGPO 2010-09-23 2024-06-07 FR-2003-06-24 machine generated eng FR FR-2003-06-24 68 121