Parties seek stay of deadline for fiduciary rule appeal decision

September 4, 2024 by John Hilton

The Office of the Solicitor General has not decided whether to appeal a stay freezing the Department of Labor’s latest attempt to expand fiduciary duty.

Texas Judge Jeremy D. Kernodle issued the stay on July 25 in a lawsuit brought by the Federation of Americans for Consumer Choice.

Attorneys for both plaintiffs and defendants jointly asked Kernodle to extend the stay to the government’s “deadline to answer or otherwise respond.”

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Originally Posted at InsuranceNewsNet on September 3, 2024 by John Hilton.