DOL not done defending existing investment advice rules in court
September 19, 2023 by John Hilton
Just days after sending its new fiduciary rule out for review, the Department of Labor alerted a Texas judge that it isn’t done defending the legality of existing rules.
The DOL filed a brief reiterating its defense of investment advice rules published during the Trump administration. Those rules were sued in Florida and Texas upon taking effect in February 2022.
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Originally Posted at InsuranceNewsNet on September 14, 2023 by John Hilton.
Categories: Industry Articles