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DOL Drops Appeal of Court Rulings Blocking 2024 Fiduciary Rule (PDF)
Mercer
Jan. 26, 2026 "The rule and related amendments to seven prohibited transaction exemptions (PTEs) were originally scheduled to go live on Sept. 23, 2024. The dismissal of DOL's appeal leaves the court orders blocking the rule in place pending resolution of the legal challenges seeking the rule's invalidation. However, the rule is unlikely to take effect in its current form now that DOL has indicated it expects to engage in further rulemaking." MORE >> |
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