With DOL Dropping Opposition, 2024 ERISA Fiduciary Rule Is Vacated

( March 18, 2026, 2:26 PM EDT) -- As of March 17, a 2024 “Retirement Security Rule” in which the U.S. Department of Labor (DOL) redefined and broadened who is an investment advice fiduciary under the Employee Retirement Income Security Act has been vacated by two Texas federal judges who previously imposed a nationwide stay of the rule’s effective date, and both of the cases in which trade associations and others challenged the rule have been closed....

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