Suit Over DOL’s New Investment Advice Fiduciary Rule Draws Proposed Amicus Briefs

(June 4, 2024, 12:01 PM EDT) -- TYLER, Texas — The Hispanic Leadership Fund (HLF) and the Chamber of Commerce of the United States of America have asked a Texas federal court for permission to file amicus curiae briefs in the first suit challenging a new U.S. Department of Labor (DOL) rule that redefines and broadens who is an investment advice fiduciary under the Employee Retirement Income Security Act....