Estimated reading time: 0 minutes, 26 seconds

A group of industry organizations has filed litigation seeking to kill the Department of Labor’s fiduciary rule after efforts by the House of Representatives last month fell short of accomplishing the same goal. So reports CNBC.

The Securities Industry and Financial Markets Association and the U.S. Chamber of Commerce have joined with other organizations and have filed the litigation with the U.S. District Court for the Northern District of Texas, which is well known for being sympathetic to businesses.

Read the full article from CNBC.

Read 2500 times
Rate this item
(0 votes)
Tagged under

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline