AMENDMENTS RELATED TO TITLE VI.

SEC. 106. AMENDMENTS RELATED TO TITLE VI.(a) Amendments Related to Section 601.—(1) Amendments to erisa.—(A) Section 408(g)(3)(D)(ii) of ERISA is amended by striking “subsection (b)(14)(B)(ii)” and inserting “subsection (b)(14)(A)(ii)”.(B) Section 408(g)(6)(A)(i) of ERISA is amended by striking “financial adviser” and inserting “fiduciary adviser”.(C) Section 408(g)(11)(A) of ERISA is amended—(i) by striking “the participant” each place it appears and inserting “a participant”, and(ii) by striking “section 408(b)(4)” in clause (ii) and inserting “subsection (b)(4)”.(2) Amendments to 1986 code.—(A) Section 4975(d)(17) of the 1986 Code, in the matter preceding subparagraph (A), is amended by striking “and that permits” and inserting “that permits”.(B) Section 4975(f)(8) of the 1986 Code is amended—(i) in subparagraph (A), by striking “subsection (b)(14)” and inserting “subsection (d)(17)”,(ii) in subparagraph (C)(iv)(II), by striking “subsection (b)(14)(B)(ii)” and inserting “(d)(17)(A)(ii)”,(iii) in subparagraph (F)(i)(I), by striking “financial adviser” and inserting “fiduciary adviser,”,(iv) in subparagraph (I), by striking “section 406” and inserting “subsection (c)”, and(v) in subparagraph (J)(i)—(I) by striking “the participant” each place it appears and inserting “a participant”,(II) in the matter preceding subclause (I), by inserting “referred to in subsection (e)(3)(B)” after “investment advice”, and(III) in subclause (II), by striking “section 408(b)(4)” and inserting “subsection (d)(4)”.(3) Amendment to 2006 act.—Section 601(b)(4) of the 2006 Act is amended by striking “section 4975(c)(3)(B)” and inserting “section 4975(e)(3)(B)”.(b) Amendments Related to Section 611.—(1) Amendment to erisa.—Section 408(b)(18)(C) of ERISA is amended by striking “or less”.(2) Amendments to 1986 code.—Section 4975(d) of the 1986 Code is amended—(A) in the matter preceding subparagraph (A) of paragraph (18)—(i) by striking “party in interest” and inserting “disqualified person”, and(ii) by striking “subsection (e)(3)(B)” and inserting “subsection (e)(3)”,(B) in paragraphs (19), (20), and (21), by striking “party in interest” each place it appears and inserting “disqualified person”, and(C) by striking “or less” in paragraph (21)(C).(c) Amendments Related to Section 612.—Section 4975(f)(11)(B)(i) of the 1986 Code is amended by—(1) inserting “of the Employee Retirement Income Security Act of 1974” after “section 407(d)(1)”, and122 STAT. 5107(2) inserting “of such Act” after “section 407(d)(2)”.(d) Amendments Related to Section 624.—Section 404(c)(5) of ERISA is amended by striking “participant” each place it appears and inserting “participant or beneficiary”.