D.C. Circuit Appeal Of Fiduciary Rule Waits On 5th Circuit Ruling

Mealey's (November 28, 2017, 7:37 AM EST) -- WASHINGTON, D.C. — A District of Columbia Circuit U.S. Court of Appeals panel on Nov. 14 issued an order holding in abeyance an appeal by the National Association for Fixed Annuities (NAFA) challenging the U.S. Department of Labor’s (DOL) fiduciary rule, pending a decision by the Fifth Circuit U.S. Court of Appeals in an appeal by the Chamber of Commerce (National Association for Fixed Annuities v. United States Department of Labor, et al., No. 16-1035, D.C. Cir.)....