Will Courts Crush DOL's New Fiduciary Rule Soon? Don't Count on It.

What You Need To Know

• An insurance group has sued to delay the rule's effective date. Other suits are expected to follow.
• Lawyer Fred Reish cautions that the legal process takes time, and a former Labor official says the insurance group's case isn't very strong.
• The only safe course of action is to get into compliance by Sept. 23, Reish says.