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With New Labor Secretary, Opportunity for Decision on Retirement Security Rule Litigation Provided by Two Federal Judges
The Prudent Investment Adviser Rules
[Opinion] Mar. 19, 2025 "With time still remaining on the 60-day period that the Fifth Circuit granted the DOL to decide on whether the DOL would appeal the stays granted by two Texas district courts. some decision will need to be made in order to protect the future of the Retirement Security Rule.... [T]he DOL has to look at the bigger picture, the potential for having the courts, specifically SCOTUS, decide the case. The fact that two well-respected federal judge have submitted excellent, well-reasoned opinions supporting the DOL’s process in creating and submitting the Rule cannot be overlooked in projecting the potential outcome before SCOTUS." MORE >> |
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