Department of Justice attorneys filed an appeal Friday in Texas federal court, seeking to overturn a stay of its Retirement Security Rule.
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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.
The Reg BI “best interest” rule adopted by securities regulators five years ago has not nearly lived up to its promises, a panel says.
A second federal judge granted a stay of the effective date Friday halting the Department of Labor’s Retirement Security Rule until the full case can be heard.
One day after a Texas judge granted a preliminary injunction freezing its current fiduciary rule, a DOL spokesperson said regulators continue to believe in the strategy.
Saying the plaintiffs were likely to succeed on the merits of their claim, a Texas court has stayed the DOL’s 2024 fiduciary rule.
A Texas judge could decide this week on a preliminary injunction request to freeze the Department of Labor’s latest fiduciary rule.
The Court of Appeals for the Fifth Circuit tossed out the Biden administration’s ESG rule in a decision posted this morning.
A bill to kill the new fiduciary rule is headed for a full vote in Congress after two committees this week resoundingly approved it.
A House committee today approved a budget rider that would prevent the Department of Labor from spending any funds to implement its fiduciary rule.
FSI and SIFMA have joined a federal lawsuit that seeks to overturn the Department of Labor’s fiduciary rule.
SCOTUS’ overturning of the Chevron doctrine is likely to impact numerous financial regulatory bodies, including the DOL and its fiduciary rule.
The Federation of Americans for Consumer Choice asked Judge Jeremy D. Kernodle this week to make his injunction decision as soon as possible.
Deferred annuity sales were up nearly 19% in the first quarter over the same period last year, Wink, Inc. reported today.
The U.S. Chamber of Commerce is supporting plaintiffs asking a Texas judge for an injunction to halt a Department of Labor fiduciary rule from taking effect.
A lawsuit filed by nine industry trade associations against the latest Department of Labor fiduciary rule will be heard by a Texas judge with a reputation for vacating federal rules.
Nine insurance trade associations filed a lawsuit Friday against the Department of Labor to overturn its controversial Retirement Security Rule.
An industry trade group formally requested a preliminary injunction from a Texas federal court Tuesday to freeze the Department of Labor’s Retirement Security Rule.
Will the DOL’s new Retirement Security Rule advance the interest of retirement investors? Or will it produce the opposite outcome?
The Department of Labor wrote its new Retirement Security Rule with a big focus on surviving a court challenge. Have they succeeded?
