The Derivative Project

The SEC Study on “Fiduciary” is not only conflicted, but Harmful to Retirement Investors, our Youth and our Economy’s Future

Here is the Most Critical, Bi-Partisan Issue that the SEC Failed to Address in Their Study on Brokers and Investment Advisors and the Fiduciary Standard There is a crucial, bi-partisan issue, completely lacking from the just-released SEC study on who is a fiduciary for investment advice.   We can no longer…

CBOE May Re-Introduce Options On Credit Events, Here is a Common Sense, Cost-Effective Start to Control Systemic Risk

Two hours after The Derivative Project’s Blog Post, today, “Why OTC CDS Derivatives Should Be Put on ICE” meaning not a clearinghouse like ICE, but shelved, the Wall Street Journal published an article on how the CBOE may reintroduce options on credit, which is the first step to offering a…

Why OTC CDS Derivatives Should Be Put On Ice

The Wall Street Journal published an editorial last Friday, “Derivative Rules on Ice.”  This article discussed the fact that ICE, the largest of the CDS clearinghouses, withdrew its federal application to be a CDS clearinghouse. The Wall Street Journal editorial speculated that “Probably because ICE would have had to admit…

Barney Frank’s Response to Congresswoman Bachmann’s Move to Repeal Dodd Frank

Congressman Barney Frank, ranking member of the House Financial Services Committee just released his response to Congresswoman Bachmann (R MN) move to repeal Dodd Frank.  Here is the text of Mr. Frank’s Press Release on January 6, 2010: Frank statement on Congresswoman Bachmann’s effort to repeal the Dodd-Frank Act  …