DOL Appeals Two Rulings Halting Fiduciary Rule
September 24, 2024 by Melanie Waddell
Before the stays were granted, the rule was set to take effect Monday.
In late July, the U.S. District Court for the Eastern District of Texas Tyler Division granted the request of the Federation of Americans for Consumer Choice and several independent insurance agents to delay the implementation of Labor’s new fiduciary rule, officially called the Retirement Security Rule.
Click HERE to read the full story via Think Advisor
Wink’s Moore on the Market: The U.S. Department of Labor is challenging those stays that were granted in the two lawsuits, challenging the Fiduciary Rule, on behalf of the insurance industry. -sjm
Originally Posted at Think Advisor on September 20, 2024 by Melanie Waddell.
Categories: Industry Articles
