Breaking News5th Circuit Court of Appeals kills fiduciary rule


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On the same day Phyllis Borzi, DOL Assistant Secretary for Employee Benefits Security Administration, testified before Congress, Dale Brown, president and CEO of the Financial Services Institute, released a blunt statement on the DOL’s proposed fiduciary rule, calling it “troubling that we have reached this point in the process, and yet there appear to be no apparent prospects for a change of course.”


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