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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. […]

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