Life Insurers Say Fiduciary Rule Will Harm Annuity Trade

By Cara Salvatore · August 9, 2016, 8:45 PM EDT

The U.S. Department of Labor's new fiduciary rule, which requires retirement account investment advisers to act in their clients' best interest when recommending products, will "restrict consumers' access to annuity products,"...

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Case Information

Case Title

Chamber of Commerce of the United States of America et al v. U.S. Department of Labor et al

Case Number

3:16-cv-01476

Court

Texas Northern

Nature of Suit

Other Statutes: Administrative Procedure Act/Review or Appeal of Agency Decision

Date Filed

June 01, 2016