By George Sepsakos and Michael Kreps ( September 10, 2018, 11:50 AM EDT) -- In this article, we discuss the implications of the Fifth Circuit's vacatur of the U.S. Department of Labor's fiduciary rule,[1] best interest contract and principal transactions exemptions,[2] and related amendments to other prohibited transaction exemptions, or PTEs, in Chamber of Commerce of the United States v. United States Department of Labor.[3]...
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