UPDATE: COURT GRANTS A STAY IN NAIFA’S LAWSUIT AGAINST THE DOL
July 29, 2024 by NAIFA
The U.S. District Court for the Northern District of Texas has granted a request by NAIFA, ACLI, several NAIFA chapters, and other advocacy partners to stay the Department of Labor’s fiduciary-only rule, stating that our case is “virtually certain to succeed on the merits.” The action follows a similar stay issued Thursday by a different federal court in a similar case.
NAIFA and the other plaintiffs have issued the following statement on this newest development:
Click HERE to read the story via NAIFA
Originally Posted at NAIFA on July 27, 2024 by NAIFA.
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