DOL Moves To Drop 5th Circuit Appeals Concerning 2024 ERISA Fiduciary Rule

( November 26, 2025, 10:50 AM EST) -- NEW ORLEANS — Days after a flurry of filings by other parties and amici curiae, the U.S. Department of Labor (DOL) moved to dismiss consolidated appeals challenging July 2024 rulings that imposed a nationwide stay of the effective date of a 2024 DOL Retirement Security Rule that redefines and broadens who is an investment advice fiduciary under the Employee Retirement Income Security Act....