DOL Fiduciary Rule 99% Dead After Appeal Denied
May 22, 2018 by John Hilton
The Fifth Circuit Court of Appeals rejected an appeal by a trio of states today, clearing the way for the controversial Department of Labor fiduciary rule to be officially killed.
The final action appears to be for the court to issue a mandate to vacate the rule. With all appeals exhausted, that mandate could come quickly. The government technically has until June 13 to appeal to the Supreme Court, but the Trump administration passed on all appeals to date.
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Originally Posted at InsuranceNewsNet on May 22, 2018 by John Hilton.
Categories: Industry Articles