After Fifth Circuit vacates Fiduciary Rule, NAFA & DOL agree to drop lawsuit

Brian Anderson

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After Fifth Circuit vacates Fiduciary Rule, NAFA & DOL agree to drop lawsuit
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If the DOL does not seek a review of the decision by April 30, the court’s mandate will go into effect May 7, dissolving the rule. The DOL also has until June 13 to ask the U.S. Supreme Court to hear its appeal of the decision.
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