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Federation of Americans for Consumer Choice Inc. et al v. United States Department of Labor et al
Case Number:
3:22-cv-00243
Court:
Nature of Suit:
Other Statutes: Administrative Procedure Act/Review or Appeal of Agency Decision
Judge:
Firms
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June 30, 2023
Judge Says Parts Of DOL's Rollover Advice Exemption Invalid
A federal magistrate judge in Texas on Friday recommended partially invalidating a Trump-era investment advice rule involving employee retirement savings and rollover transactions, finding a new interpretation from the U.S. Department of Labor exceeded its statutory authority.
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September 08, 2022
DOL Seeks To Wrap Up Fiduciary Rule Battle In Texas
The U.S. Department of Labor asked a Texas federal judge to toss a challenge to a 2020 rule critics say would unlawfully expand which retirement advisers qualify as fiduciaries with obligations under federal benefits law, arguing the regulations were a reasonable interpretation of federal benefits law.
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February 03, 2022
Texas Suit Seeks To Invalidate DOL Fiduciary Rule Rewrite
A group of licensed independent insurance agents and a trade group in Texas sued the U.S. Department of Labor over a Trump-era investment advice rule involving employee retirement savings, arguing the regulation advances the same policies that the Fifth Circuit invalidated in 2016.