The Derivative Project

Wealthfront

Recommendations to Senator Levin’s June 17, 2014 Hearing on Impact of Conflicts on Investor Confidence

Recommendations to Senator Levin’s June 17, 2014 Hearing on Impact of Conflicts on Investor Confidence

The Permanent Subcommittee on Investigations (PSI), chaired by Senator Carl Levin (D-MI) will hold a hearing on June 17th on “Conflicts of Interest, Investor Loss of Confidence and High Speed Trading in U.S. Stock Markets”. In particular, the subcommittee “will focus on the conflicts of interest that arise between the…

Bloomberg ETF Analyst Promotes New Wall Street Wolf— In Sheep’s Clothing?

Bloomberg ETF Analyst Promotes New Wall Street Wolf— In Sheep’s Clothing?

Just because something costs less, does not mean it adds more value, after all fees. Bloomberg ETF Analyst, Eric Balchunas, saw the movie Wolf of Wall Street, and came to the same conclusion Not On My Nickel did based on working in the industry. ¬†Financial intermediaries add an extra layer…