DOL’s Fiduciary Rule Struck Down by Fifth Circuit – Is the Rule Dead?

A Department of Labor (DOL) rule intended to protect unsophisticated investors from brokers, dealers and insurance professionals who sell IRAs as part of employee benefits packages has been vacated by the Fifth Circuit Court of Appeals, overturning a Dallas district court that had supported its application. A recent article in Forbes, “Impact On IRAs From Appeals Court […]

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