Ding Dong, The DOL Fiduciary Rule Is (98%) Dead
May 3, 2018 by John Hilton
The Fifth Circuit Court of Appeals rejected last-minute appeals by AARP and three states to intervene and re-argue the need to save the controversial Department of Labor fiduciary rule.
Filed last week, AARP and the states (New York, California and Oregon) entered separate motions asking the court for an en banc review. In a 2-1 decision, the court sided with a group of industry plaintiffs on March 15. An en banc review enlists the entire court to re-hear the case.
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Originally Posted at InsuranceNewsNet on May 2, 2018 by John Hilton.
Categories: Industry Articles