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Compass
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Ding Dong, the DOL Fiduciary Rule Is (98%) Dead
InsuranceNewsNet.com May 3, 2018
"The Fifth Circuit Court of Appeals rejected last-minute appeals by AARP and three states to intervene and re-argue the need to save the controversial [DOL] fiduciary rule.... The federal government ... opted not to appeal the ruling ... Denying the AARP and states' motions essentially kills the DOL rule for good. The court could decide to re-hear the case on its own, which seems unlikely.... [T]he government has until June 13 to ask the Supreme Court of the United States to take the case. That also seems highly unlikely."
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