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DOL Has No Authority For Fiduciary Rule, DC Circ. Told

By Carmen Germaine (August 16, 2017, 8:02 PM EDT) -- The National Association for Fixed Annuities urged the D.C. Circuit on Tuesday to revive the group's challenge to the U.S. Department of Labor's fiduciary rule for retirement account advisers, saying the regulation threatens to upend the fixed annuities industry and exceeds the agency's authority....

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