A Sweatshirt is a sweater or pullover with long sleeves. Some designs have front pouch, pockets for the hands or a hood, (sometimes called a hoody or ''hoodie''). The sweater is formed by the linking of stitches - Its shape and pattern come from the structure of the garment. If the stitches are taken away there is no form.
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has entrusted funds to the fiduciary for safekeeping or investment.
The proposed DOL rule imposing a fiduciary obligation on all advisors to retirement plans is long overdue. While you can expect the securities industry to fight any such rule to the bitter end, as it did successfully in 2010, hopefully fairness, logic and decency will prevail this time. The hidden provision.n my view, this exemption is as significant â if not more so â than the proposed rule itself. Background of the fiduciary rule. Few retirement plan participants are aware their trusted advisors may not be fiduciaries..