In the Law360 article, “Understanding The Unwinding Of DOL’s Fiduciary Rule,” principals George Sepsakos and Michael Kreps break down the implications of the Fifth Circuit’s vacatur of the U.S. Department of Labor’s fiduciary rule, best interest contract and principal transactions exemptions, and related amendments to other prohibited transaction exemptions, or PTEs, in Chamber of Commerce of the United States v. United States Department of Labor.
The article first appeared in Law360 on September 10, 2018.