The Fifth Circuit Court of Appeals in New Orleans issued a long-delayed final mandate today officially killing the Department of Labor fiduciary rule.
The simple three-sentence mandate was issued at 11:10 a.m. As he did in the original opinion, Chief Judge Carl E. Stewart dissented.
Considered a formality to be issued in early May, the mandate comes amid heightened speculation that the court was considering rehearing the case. Read The Full Article
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