5th Circuit Decision: A Win for Fiduciary Rule’s Foes — or Ultimately a Loss?
The 5th Circuit’s ruling in Chamber of Commerce et.al. v. U.S. Dept. of Labor
vacating the Department of Labor’s (DOL) fiduciary rule was a win for opponents of the rule — at the very least in the states in that circuit. In MarketBeat,
John Iekel discusses a recent analysis that suggests that in the long run, opponents who took that particular dispute to court may be their own undoing.