DOL Hit With First Lawsuit Over New Investment Advice Regs

By Kellie Mejdrich · May 2, 2024, 6:12 PM EDT

The U.S. Department of Labor was hit with a lawsuit Thursday in Texas federal court seeking to invalidate recently finalized regulations that broaden who qualifies as a fiduciary under the Employee...

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Documents

Case Information

Case Title

Federation of Americans for Consumer Choice, Inc. et al v. United States Department of Labor et al

Case Number

6:24-cv-00163

Court

Texas Eastern

Nature of Suit

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

Date Filed

May 02, 2024