In the Margins

Dallas judge hints at vacating fiduciary rule

November 18, 2016

By InvestmentNews

At a hearing in Dallas federal court for three lawsuits that have been filed to stop the Labor Department's fiduciary rule, the judge hinted at the possibility of vacating the rule. The Securities Industry and Financial Markets Association, the Financial Services Institute and the U.S. Chamber of Commerce are among the plaintiffs. Read the original story from InvestmentNews.

 

 

Most Read

A Seat at the Table
Thrivent forms board to oversee new interval fund

Thrivent Financial is entering the interval fund business and has assembled a new board to oversee its first offering, the soon-to-be-launched Thrivent Church Loan & Income Fund. ...

Top of the Agenda - Legal
PIMCO 36(b) case dismissed

The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...