Benefits Rules Likely to Draw Fresh Fire After High Court Action

Benefits experts see several policy areas to watch after back-to-back US Supreme Court rulings bolstering legal challenges to agency regulation.

New attacks against key rules on fiduciary responsibility and sustainable retirement investing, as well as Obamacare and mental health parity regulations, among others, loom after the high court June 28 overturned a longstanding doctrine requiring courts to give way to agency interpretations of ambiguous laws.

The court’s decision in Loper Bright v. Raimondo will bolster new legal challenges to some of the most hotly contested rules crafted at the US Department of Labor’s Employee Benefits Security Administration and the Department ...