Thursday, August 1, 2024
Another Texas District Court Stays Fiduciary Rule
And now another Texas District Court has stayed the Department of Labor's Fiduciary Rule. You can find the opinion here. This followed closely on the heels of the first decision. Both apply the 5th Circuit's prior precedent from its case striking down its prior attempt at issuing a fiduciary rule in the space.
https://lawprofessors.typepad.com/business_law/2024/08/another-texas-district-court-stays-fiduciary-rule.html