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DOL Fiduciary Future Murky as Fifth Circuit Tosses Appeal
InsuranceNewsNet.com 
Dec. 4, 2025 "The appeal concerned only the lower-court stay of the Sept. 23, 2024, effective date of the Biden-era Retirement Security Rule ... Underlying litigation remains active, with the consolidated cases returned to their respective federal district courts.... The court ruling leaves the Prohibited Transaction Exemption 2020-02 and its many requirements in effect for the time being." [FACC. v. DOL, No. 24-0163 (E.D. Tex. Jul. 25, 2024; on appeal to 5th Cir. No. 24-40637; motion to dismiss granted Nov. 28, 2025)] MORE >> |
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