UBS Financial Interest Summary Disclosures pursuant to the "Transactions with Independent Fiduciaries with Financial Expertise" Exception (29 C.F.R. § 2510.3-21(c)(1)) under the U.S. Department of Labor's Final Fiduciary Duty Rule, entitled "Definition of the Term 'Fiduciary'; Conflict of Interest Rule – Retirement Investment Advice"
Effective as of June 9, 2017, UBS AG, UBS Securities LLC, UBS Limited and their affiliates engaged in activities of the UBS investment bank and corporate center business divisions (collectively, “UBS”) may restrict the types of transactions and services they offer to customers and other counterparties (including separately managed accounts and pooled funds) that are subject to Part 4, Subtitle B, Title I of the U.S. Employee Retirement Income Security Act of 1974, as amended, and/or Section 4975 of the U.S. Internal Revenue Code of 1986, as amended (each a “Plan Asset Client” and collectively, “Plan Asset Clients”), unless UBS is able to rely on the “Transactions with independent fiduciaries with financial expertise” exception under the DOL Fiduciary Rule, as set forth in 29 C.F.R. § 2510.3-21(c)(1).
If you are (or represent, whether individually or as a firm) a Plan Asset Client, please read the disclosures contained in the below referenced website carefully, as they may apply to you. The below website will be updated regularly and is accessible to all clients.