Labels:book | reckoner | sky OCR: pursuant to which affected parties can ohtain relief. See 29 U.S.C. 1108 1114. [T]he Secretary of Labor is authorized by the Act to waive any proscribed practice long SR consis- tent with the purposes the Act and determined to be in the interests af pension plan participants. The Committee nat unaware the possible impact these prohibitions, and aecordingly has made provi. sion in the bill for ar adequate fransition period ot years. or longer, warranted S.Rep No. 127 PE6 Cong 2d Sess. (1974). reprinted irt 1974 U.S.C.C.A.N 4838. 4868 (emphasis added) see also ERISA Conf Rep putrs at :5089-90 "The conferees rexognize that scome tran- sactions which ane prohibited nevertheless should be allowed tn order not to disrupt the established business practices of finan cial institutions consistent wi ...
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