Exception for certain controlled groups with publicly traded securities .—
Clause (i) shall not apply to a plan if—
(I)#
no employer corporation, or parent corporation of an employer corporation, has issued any publicly traded employer security, and
(II)#
no employer corporation, or parent corporation of an employer corporation, has issued any special class of stock which grants particular rights to, or bears particular risks for, the holder or issuer with respect to any corporation described in clause (i) which has issued any publicly traded employer security.