The Derivative Project

The Confluence of Retirement Investor Confusion and the Lack of a Private Right of Action

SEC Commissioner Luis Aguilar spoke April 11, 2012 “Defrauded Investors Deserve Their Day in Court.” Here is a link to his speech  and his brief history of the right of private action and securities laws. To quote Commissioner Aguilar: “In the United States we have a strong belief that, whether rich or…

Retirement Savers Need A Bona Fide Advocate and Their Day in Court

Third Dodd-Frank Fiduciary Standard Proposal Allows Private Right of Action MINNEAPOLIS, April 13, 2012 /PRNewswire via COMTEX/ — On April 3, 2012, The Derivative Project, a Minnesota-based non-partisan, investor advocacy organization, delivered a Petition for Rulemaking to the Securities and Exchange Commission. The purpose of the Petition is to restore…