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DOL Could See Lawsuit by Fiduciary Rule Supporters
Bloomberg BNA Link to more items from this source
May 19, 2017
"The department 'should expect to be challenged vigorously in court' if the two provisions of its fiduciary rule that are set to go into effect June 9 -- the revised definition of the term fiduciary and the impartial conduct standard -- are delayed again, Stephen Hall, legal director of the advocacy group Better Markets [said] ... A legal challenge from rule supporters would likely be brought under the Administrative Procedure Act[.]"

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