Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Under the fiduciary rule, contracts can't waive investors' right to bring class-action lawsuits -- but the DOL is not going to enforce that. (Photo: iStock)

The Labor Department has instructed its field investigators not to enforce the ban on class-action waivers in the fiduciary rule’s prohibited transaction exemptions.

Nick Thornton


Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.