Department of Labor Abandons Fiduciary Rule
The Department of Labor is ending its long-running fiduciary rule effort, confirming it has no plans to propose a new regulation after a Texas court struck down the Biden-era overhaul on 03/17/2026. Speaking at the Investment Adviser Association’s 2026 compliance conference, Justin Danhof, senior policy advisor at the Department of Labor, said that the agency is putting the rule to rest. | more