The Derivative Project

Monopolistic Trends

Yale Professor Ayres’ Proposed DOL Financial Sophistication Test is Brillant – Part II

Yale Professor Ayres’ Proposed DOL Financial Sophistication Test is Brillant – Part II

The Whys Behind Super Normal Profits for Wall Street in 401k Plans:   What is Yale Professor Ayres’ proposed solution to protect consumers from Wall Street shenanigans in 401k plans?  Double down!  Now that the facts and transparency are coming out about the skimming, over the last 30 years, from workers’…

Yale Professor Ayres’ Proposed DOL Financial Sophistication Test is Brilliant – Part I

Yale Professor Ayres’ Proposed DOL Financial Sophistication Test is Brilliant – Part I

Yale Professor Ian Ayres has the solution for any retirement investor that might dare to opt-out of a poorly performing 401k plan default option and seek to select an investment that is in his or her best interest.  Here is the link to his proposal, in a February 2014 white…