News & Analysis as of

Fiduciary Duty Stays Department of Labor (DOL)

Kilpatrick

DOL Obtains Further Extension to Decide Whether to Fight for the Fiduciary Rule

Kilpatrick on

In a motion filed on April 14, 2025, the Department of Labor requested that the 5th Circuit Court of Appeals grant it an additional 60-day delay to decide its next steps with respect to its appeals of two July 2024 decisions...more

Warner Norcross + Judd

Here We Go Again! Fiduciary Rule Effective Date Delayed

Two U.S. District Courts in Texas issued stays on July 25, 2024, and July 26, 2024, respectively, delaying indefinitely the effective date of the final fiduciary regulations and related prohibited transaction exemptions...more

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