The Derivative Project

2016 Presidential Election

DOL and New Fiduciary Duty – What’s Changed?  Nada

DOL and New Fiduciary Duty – What’s Changed? Nada

FINRA and Disputing “Chasing Windmills” With over $14 billion in retirement accounts, Wall Street (the SEC’s FINRA) is charged with protecting IRA investors, from sales personnel steering their retirement assets into inappropriate products and/or high fee products and enforcing all securities laws, passed by Congress. The financial services industry inappropriately labeled sales…

Labor Day 2015:  Progress from the White House, Barriers from Media Increase

Labor Day 2015: Progress from the White House, Barriers from Media Increase

Lack of Transparency on Cost-Effective Retirement Investment Selection is Fueled by Wall Street’s Advertising that Controls Media and Consumer Message Labor Day 2014, The Derivative Project wrote on the loss of defined benefit pensions and the emergence of intermediaries that are siphoning off billions from American’s retirement nest eggs, without adding…

Wall Street, Hillary and a Disingenuous Revolution

Wall Street, Hillary and a Disingenuous Revolution

William D. Cohan wrote in Politico, November 11th, “Why Wall Street Loves Hillary.”  Perhaps just happenstance, but at the very same time, November 10th, a former Clinton Aide, announced his new firm,  Aspiration,  designed to “democratize” investing for the middle class….click here for  “revolution”  so says the Aspiration website. The…