Bottom line, anyone determined to be a fiduciary, regardless of size, should sweat if they are a fiduciary because the fiduciary obligations under ERISA are the highest known to law.
Finally, as our tale draws closer to its conclusion, we find that the residents of the kingdom of Fairyland at Foggy Bottom have now become so fat and lazy that no one wants to work any more, even if there was a way to plant and harvest a crop.
Considering that 40 percent of new jobs come from the top-performing one percent of companies in any given year, this bill could unlock possibilities that go far beyond the bottom line for corporations and institutions.