Executive Summary: The Department of Labor (DOL) has rescinded the revised version of its “persuader rule,” which had gone into effect in April 2016. The now-rescinded rule had substantially narrowed the advice exemption to the Labor Management Reporting and Disclosure Act (LMRDA). The Final Rule rescinding the revised rule was published in the Federal Register today (July 18, 2018) and is available here. With this rescission, the DOL will return to its traditional interpretation of the persuader rule.