The U.S. Court of Appeals for the Fifth Circuit, in a 2-1 decision on March 15, 2018, vacated the DOL Fiduciary Rule, finding that the DOL had exceeded its regulatory authority in promulgating the Rule.
The U.S. Court of Appeals for the Fifth Circuit, in a 2-1 decision on March 15, 2018, vacated the DOL Fiduciary Rule, finding that the DOL had exceeded its regulatory authority in promulgating the Rule.