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FIDUCIARY RULE VACATED

In an opinion filed on March 15, 2018 in the matter of¬†Chamber of Commerce of the United States of America et al v. United States Department of Labor et al a majority of a three-member panel of the U.S. Court of Appeals for the Fifth Circuit (Louisiana, Mississippi, and Texas) has vacated the Department of Labor’s Fiduciary Rule¬†. Three business groups had filed suits challenging the Fiduciary Rule finalized by the Department in April 2016. […]