Texas judge strikes down Biden-era DOL fiduciary rule

News March 16, 2026 at 10:14 AM
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What You Need To Know

  • A Texas judge vacated the 2024 fiduciary rule in the case brought by FACC.
  • Labor's Employee Benefits Security Administration decided last November not to pursue its defense of the Biden-era fiduciary rule.
  • Labor's reg agenda says a new fiduciary rule is coming in May, but attorney Brad Campbell says there are other regulatory priorities.