DOL To Challenge Stay Of New Investment Advice Fiduciary Rule In 5th Circuit

( September 24, 2024, 11:36 AM EDT) -- Notices of appeal have been filed for two July rulings in Texas federal courts that imposed a nationwide stay of the effective date of a new U.S. Department of Labor (DOL) rule that redefines and broadens who is an investment advice fiduciary under the Employee Retirement Income Security Act....