The Derivative Project

Congress, Here is Why SEC Chairman Shapiro is Correct on the Need for Money Market Reform

Due Diligence, by the Individual Investor, on Assets held in Money Market Funds is Impossible SEC Chairman Mary Shapiro appeared before the Senate Banking Committee last week to argue the need for crucial money market reform.  Here is her Testimony on “Perspectives on Money Market Mutual Fund Reforms”.  The systemic…

Post Script to “Here is One Simple Solution to Stop Investor Fraud”

It was just announced that the Consumer Federation of America (CFA) has withdrawn its support for Chariman Bachus’ and Representative McCarthy’s Bill, as it is designed now, to have FINRA oversee Investment Advisors in addition to stockbrokers. Yet, it still endorses the idea!  Yes, the SEC’s annointed advocates and the…