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gavel in courtroom Last November, NAFA successfully petitioned the D.C. Circuit to delay the hearing in the appellate court until after the 5th Circuit issued its decision. That ruling may ultimately be regarded as the indispensable thing opponents needed to defeat the fiduciary rule through the courts. (Photo: David Handschuh/NYLJ)

The U.S. Court of Appeals for the District of Columbia Circuit has officially dismissed the National Association for Fixed Annuities’ appeal of a lower court decision upholding the Labor Department’s fiduciary rule.

Nick Thornton


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