DOL Court Win on Fiduciary ‘Troublesome’ For Trump: Lawyer
February 9, 2017 by John Hilton
The Trump administration might have difficulty killing the Department of Labor fiduciary rule after a third federal judge upheld the rule Wednesday, one labor expert said.
Judge Barbara M.G. Lynn granted a summary judgment to the DOL in an 81-page ruling released just hours after the agency asked for a stay until March 10.
Plaintiffs in the case were led by the U.S. Chamber of Commerce, the American Council of Life Insurers and the Insured Retirement Institute.
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Originally Posted at InsuranceNewsNet on February 8, 2017 by John Hilton.
Categories: Industry Articles