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Fiduciary Rule Challenge 'Friended' by ACLI
American Retirement Association [ARA] 
Sept. 1, 2022 "A lawsuit challenging the [DOL's] subsequent guidance/application of the so-called fiduciary rule has some support from the American Council of Life Insurers (ACLI).... The pushback here is focused on a key element of the so-called five-part test -- the on-going relationship between the advisor and the advisee." [Federation of Americans for Consumer Choice v. DOL, No. 22-243 (N.D. Texas amicus brief filed Aug. 29, 2022)] MORE >> |
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