“Understanding ERISA Prohibited Transactions:
Statutory Language, DOL Interpretations, and the Joy of PTE-ing”
Webinar

Sponsored by Life Insurance Trust Company/ITM

Speaker:
Erin S. Hesse
VP and ERISA Fiduciary Risk Senior Consultant
Northern Trust
Chicago, IL

After attending this session, you will be able to:

• Recall the specific statutory wording of the Prohibited Transaction provisions
• Associate the statutory language with DOL’s interpretation of the statutory language
• Understand the utility of relying upon one or more Prohibited Transaction Exemptions (“PTEs”)
• Remember that relying upon a Prohibited Transaction Exemption does not mean a Prohibited Transaction exists
• Understand the utility of doing a full Prohibited Transaction analysis in connection with a perceived PTE compliance failure
• Understand strategies to avoid certain Prohibited Transactions (even when relying upon a PTE)
• Differentiate the enforcement authority that exists between DOL (EBSA) and Treasury (IRS)
• Reinforce your understanding of DOL’s interpretive authority over Prohibited Transactions and PTEs
• Connect your risk tolerance with PTE compliance and strategies to avoid certain Prohibited Transactions
• Enhance your understanding on how to navigate corrections for actual or perceived Prohibited Transaction violations

Within this session, Erin will also focus on and highlight certain PTEs that may reinforce these learning outcomes.

We hope that you will take advantage of this cost-benefit opportunity to participate in our valuable non-travel education programs. FIRMA members enjoy discounted registration pricing for each of our webinars in 2026.

FIRMA encourages you to extend a special invitation to your other three lines of defense colleagues including fiduciary audit, compliance and risk management to attend this timely, informative Webinar.

DELIVERY METHOD: Group-Internet Based Training, including interactive Q&A. Presented through the Zoom virtual platform.This session will be recorded for playback for registered attendees.
NASBA Field of Study: Regulatory Ethics
PROGRAM KNOWLEDGE LEVEL: Intermediate
PREREQUISITES and ADVANCED PREPARATION:  None

CONTINUING EDUCATION CREDITS (CEs):
Certified FIRMA Members and Cannon CFIRS®, CCTP™, CRPP™, AFIM®, CTOP®, CTA, and CTCP Professionals are pre-approved for 1.5 CEs for this Virtual Seminar. The ABA has pre-approved the following CEs: CTFA and CRSP 2.0. NASBA has approved 1.8 Group Internet Based credits. Check with your credentials provider for specific applicability. 

The Fiduciary and Investment Risk Management Association, Inc.™ (FIRMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.NASBAregistry.org.

REGISTRATION FEES

Individual Registrations
FIRMA Member Price: $195.00
Non-Member Price: $300.00

Group Registrations (minimum of 3 attendees from the same organization) **
FIRMA Member: $145.00 per person
Non-Member: $250.00 per person
**Before registering as a Group attendee, please verify with your company that at least 3 employees from your organization will be attending. We can no longer provide a single invoice for Group registrations. Each attendee must pay online individually for their registration, or submit their invoice to their organization if paying with one check or credit card. 

REGISTER NOW

CANCELLATION/REFUND and COMPLAINT RESOLUTION POLICY
Cancellations received through March 18, 2026 will be refunded less a $25 service charge. Cancellations made after March 18th are non-refundable. Written notification is required to process any cancellation or refund. 
FIRMA reserves the right to change speakers or reschedule or cancel sessions when necessary.  For more information regarding seminar administrative policies such as complaint or refund, please contact our offices at 770-790-8355.