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MySocialGoodNews is dedicated to sharing news about
social entrepreneurship, impact investing, philanthropy
and corporate social responsibility.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Social Entrepreneurship

This category includes articles about social entrepreneurs, typically about businesses with a for-profit model with a social mission embedded into the fabric of the business.

PIABA Hails New Progress toward “One Stop Shopping” For Background Checks on Financial Professionals

Citing Its March 2014 Report, PIABA Urges Full Disclosure of All Information

WASHINGTON, D.C.//April 9, 2015// The Public Investors Arbitration Bar Association (PIABA) today applauded the Investor Advisory Committee of the U.S. Securities and Exchange Commission (SEC) for agreeing to explore a unified database detailing the background information on financial professionals in order to ensure easier access by older investors and others.

In March 2014, PIABA released a major report on the systematic withholding under FINRA’s BrokerCheck system of “red flag” information about problem brokers, when fuller information is available from many state securities agencies. (For more information, see

Commenting on today’s development, Joseph C. Peiffer, a New Orleans-based arbitration attorney and president of the Public Investors Arbitration Bar Association, said: “We are honored that the Committee cited the work of PIABA in highlighting the need to break down the barriers between the inconsistent and confusing reporting systems that now exist for financial professionals in the United States.

For a financial system that depends on the confidence that arises from full disclosure, this step is long overdue and welcome. We strongly recommend that the SEC Investor Advisory Committee insist on the full disclosure of all background information about financial brokers rather than a sanitized version of the records. Just as financial professionals need and expect the public to disclose every aspect of their financial picture, the public needs and expects their financial professionals to disclose every aspect of their backgrounds. That information is already in the public domain, spread across a variety of sources. There is no good reason to prevent the public from accessing that information from a single source.

We urge that this bold step today be used to cast as much sunlight as possible across the spectrum of records of financial professionals. These people are entrusted with the life savings of tens of millions of Americans. Not only is it reasonable to subject them to full scrutiny, it is essential to do so if older investors and others are going to continue to rely upon them.”


The Public Investors Arbitration Bar Association is an international, not-for-profit, voluntary bar association of lawyers who represent investors in securities and commodities arbitration proceedings and securities litigation. The mission of PIABA is to promote the interests of the public investor in securities and commodities arbitration, by seeking to protect those investors from abuses in the arbitration process, by seeking to make securities arbitration as just and fair as systemically possible and by educating investors concerning their rights. For more information, go to

Noted First Amendment lawyer to lead Yale Law Media Freedom and Information Access Clinic

New Haven, Conn.— David A. Schulz ’78 J.D., a leading First Amendment lawyer who has defended the rights of journalists and news organizations for more than 30 years, has been named clinical lecturer in law and co-director of the Media Freedom and Information Access Clinic (MFIA) at Yale Law School.

This full-time appointment, which becomes effective on July 1, was made possible through the financial support of the Stanton Foundation and the John S. and James L. Knight Foundation, including recent gifts of $828,600 from each foundation.

“We are thrilled that David has accepted this position and that the MFIA Clinic is now poised to have an even greater impact protecting investigative reporting and the public’s right of access to information,” said Yale Law School Dean Robert C. Post ’77 J.D.

Prior to this appointment, Schulz was the Floyd Abrams Visiting Clinical Lecturer in Law at Yale Law School. He has supervised students in the MFIA Clinic since it began in 2009.

The addition of Schulz as a full-time director will enable the MFIA Clinic to expand its reach by taking on more cases with a longer view of pursuing litigation to establish precedents that will protect the rights of investigative reporters. It will also help leverage the clinic’s expertise through joint efforts with other organizations supporting open government.

“Now that David is with us full-time, Yale is going to produce a new generation of first-rate legal advocates devoted to the protection of press freedoms,” said Jack Balkin, the Knight Professor of Constitutional Law and the First Amendment, who co-directs the MFIA clinic with Schulz. “His efforts here will have beneficial effects for many years to come.”

Schulz has litigated issues concerning government secrecy in many contexts. He was tapped to provide advice on the WikiLeaks and Edward Snowden disclosures, has pursued reporters’ access rights at Guantanamo Bay, and has represented a number of journalists in federal leak investigations. Most recently, he has represented news organizations asserting a constitutional right to inspect and copy videotape evidence of the forced feedings of a Guantanamo detainee, which was introduced in a habeas proceeding alleging that the techniques used amounted to torture.

MFIA was established in 2009 by a group of Yale Law School students and since then has provided pro bono representation to clients on a diverse array of matters touching on issues of transparency, free speech, and press freedom. The clinic is dedicated to increasing government transparency, defending the essential work of news gatherers, and protecting freedom of expression through impact litigation, direct legal services, and policy work. It is part of the Abrams Institute for Freedom of Expression, which is affiliated with and administered by the Information Society Project at Yale Law School.

Knight Foundation supports transformational ideas that promote quality journalism, advance media innovation, engage communities and foster the arts. It believes that democracy thrives when people and communities are informed and engaged.

The Stanton Foundation was created by Frank Stanton, the president of CBS from 1946 to 1971. Among his accomplishments at the network’s helm, Stanton initiated the first televised presidential debates — the famous Kennedy-Nixon “Great Debates,” developing a format that subsequently became a staple of electoral politics. The foundation’s interests include classic and 21st-century First Amendment issues and the larger challenge of creating a better-informed citizenry.

BookPal Introduces New Product Line: Custom Journal

Leading Bookseller Now Sells Custom Sustainable Journals

IRVINE, California (April 8, 2015)BookPal— an e-commerce company that sells books to businesses and schools—has added a wide variety of high-quality journals made with sustainable materials to its product catalog. BookPal’s new journals are fully customizable. Further, BookPal can distribute journals to recipients easily and conveniently.

The new journal line is targeted at businesses looking for a great promotional product for potential clients, employees and valued customers. “Customized journals can be used on a daily basis, providing endless advertising value to the customer,” says Tony DiCostanzo, president of BookPal. “A journal designed specifically for a company spreads brand awareness a cut above the typical promotional product.”

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Among the many benefits, custom journals encourage handwritten note taking. Studies prove that taking notes by hand boosts both memory and focus. This is why many companies are starting to implement tech-free zones to reduce distractions and Journals Infographic FINAL increase participation during meetings.

BookPal’s journal collection offers an extensive selection of 32 styles serving various needs and price points. Customers can shop and compare journals in the collection to find one that fits their needs. After choosing their desired style, customers can customize their journals with company branding. BookPal offers personalization options for both softcover journals and hardcover journals. Options include logo embossing, adding individual names, tipped in pages, adding a pen, foil stamps, individual boxes, belly bands and more. A free logo imprint is included with any purchase.

For more information about BookPal’s new custom journals, visit


Based in Irvine, Calif., BookPal, LLC makes book purchasing simple and affordable for corporations, schools, literacy programs, nonprofits and government agencies. BookPal offers clients access to millions of titles, tiered savings, dedicated account management and special delivery options for physical books, e-books, and custom journals. A 2014 Webby Award Honoree, BookPal has become a valuable resource for thousands of leading corporations and schools across the country. For more information, visit

US “Significantly Underperforming” On Social Progress

US finishes “disappointing” 16th in Social Progress Index 2015

Personal safety and health are the two poorest scoring measures for the US

Home of Silicon Valley finishes just 23rd on citizens’ access to communications

(21:00 EDT, 8th April 2015) The US is the world’s 16th most socially advanced country and underperforms across a wide range of social and environmental measures according to the Social Progress Index 2015 published today by US-based nonprofit, the Social Progress Imperative, and released at the 2015 Skoll World Forum on Social Entrepreneurship.

Measuring a country’s social progress outcomes, the Social Progress Index identifies a wide range of areas in which the US is underperforming compared to countries with a comparable GDP per capita. The two greatest areas of US underperformance are on measures of ‘personal safety’ and ‘health and wellness’. Despite spending the most on healthcare per capita of any country in the world, the US ranks poorly on ‘health and wellness’ (68th), below countries including Kuwait (65th), Israel (14th), Brazil (34th) and the UK (27th). This is in part thanks to underperforming on measures including life expectancy— the US average life expectancy being almost 79 years compared with 81.5 years in the UK—and obesity rates (31.8% of the US population are obese – ranking 126th – compared to 24.3% in Canada). The US administration has made efforts to combat this epidemic, which includes the creation of the Childhood Obesity Task Force and the establishment of ‘Let’s Move!’ by the First Lady, Michelle Obama.

On ‘personal safety’ the US also scores poorly (30th), and is beaten by Canada (8 th), Germany (14 th) and the UK (20th). This is thanks partly to the high number of traffic deaths—11.4 per 100,000—compared to 3.7 in the UK and 6.8 in Canada. Despite being the home of Silicon Valley, US citizens are still “lagging behind” on measures of ‘access to modern communications’—for example just over 84% are internet users.

Overall the US, with a GDP per capita of $51,340, scores relatively poorly across seven of the 12 components measured by the Index, finishing behind top performing Norway and other countries with lower GDP per capita including Canada, Germany, and the UK. The Social Progress Index 2015 ranked 133 countries based on their social and environmental performance broken down into 12 component groups (Canada beats the US on no less than 9 of these 12 components).

Michael Green, Executive Director of the Social Progress Imperative, said: “The US is significantly underperforming across a wide range of indicators, despite enjoying one of the highest levels of per capita GDP in the world. The Social Progress Index highlights the scale of the challenges faced by the US, in particular when it comes to both the health of the nation and ongoing threats to citizens’ personal safety.

“The disappointing 2015 Index findings appear to support the case for giving more Americans access to affordable, quality healthcare. The US has some of the best healthcare providers anywhere in world, so for it to finish behind countries including Morocco, Venezuela and Greece on health care measures indicates that much more needs to be done to address these problems.”

Key US findings:


  • The US scores very high—ranking top globally—on ‘access to advanced education.’ This is thanks, in part, to the significant amount of time students typically spend in tertiary schooling (1.8yrs) as well as the number of globally ranked universities (181) based in the US—more than anywhere else in the world. Compared to the UK, which ranks 4th on this measure, the US score is significantly ahead of its European rival.


  • On ‘access to information and communications’ the US scores poorly (23rd). This is partly because just 84.2% of the population are defined as internet users, compared to almost 90% in the UK, 94% in the Netherlands and 96.5% in Iceland (the country that ranks top in this indicator). In addition, mobile telephone subscriptions (a little over 95 per 100 people) are lower than in countries of similar GDP per capita.
  • The US (30th) is beaten on the ‘personal safety’ component by Canada (8th), Germany (14th) and the UK (20th).
  • Despite spending the most on healthcare per capita of any country in the world, the US ranks poorly on ‘health and wellness’ (68th).
  • Like many other rich countries the US’ worst score is on ‘ecosystem sustainability’, in which it ranks 74th globally.
  • The US is also 24th globally on the measure of ‘personal rights’—thanks in part to a ranking of 67th on the freedom of movement indicator.

Key global highlights:

  • Norway is this year’s top performing country, followed by Sweden (2nd), Switzerland (3rd), Iceland (4th) and New Zealand (5th). Though these countries’ social progress scores are very similar their GDP per capita vary widely (Norway $62,448; New Zealand $32,808), showing that higher GDP can help generate higher social progress but it is not the whole story.
  • Canada (6th) is the best performing G7 country, scoring significantly higher than the US (16th). This is despite the fact that US GDP per capita ($51,340) is considerably higher than Canada’s ($41,894). Canada is the only G7 country to show ‘Very High Social Progress’.
  • Brazil is the top of the BRICS, followed by South Africa, Russia, China and India. Russia has a much higher GDP per capita than Brazil (42nd) and South Africa (63rd) yet ranks lower on the Social Progress Index in 71st place.
  • It is possible to calculate a global social progress score, as an average of country scores weighted by population. On this measure the world as a whole scores 61/100 on the Social Progress Index, equivalent to Cuba and Kazakhstan.
  • The world shows a markedly strong performance on two components of the Social Progress Index in particular: ‘nutrition and basic medical care’ and ‘access to basic knowledge’. It is notable that these components encompass many of the priorities of the United Nations’ Millennium Development Goals that have been a major focus of aid and development efforts for the past 15 years.
  • The components of the Social Progress Index where the world fares worst are ‘tolerance and inclusion’, ‘personal rights’, ‘access to advanced education’, and ‘ecosystem sustainability’. These are issues where even the more advanced countries can struggle to score highly. ‘Tolerance and inclusion’ and ‘personal rights’ are also less correlated with GDP per capita while ‘ecosystem sustainability’ scores tend not to rise with GDP per capita.

The Social Progress Index, was created by a team whose chief advisor is Professor Michael E. Porter of Harvard Business School, and is designed as a complement to GDP and other economic indicators to provide a more holistic understanding of countries’ overall performance.

Professor Michael E. Porter of Harvard Business School, who chairs the Index’s Advisory Board, said: “Inclusive growth requires achieving both economic and social progress. A striking finding is that GDP is far from being the sole determinant of social progress. The pitfalls of focusing on GDP alone are evident in the findings of the 2015 Social Progress Index. Countries must invest in social progress, not just economic institutions, to create the proper foundation for economic growth.”

Steve Almond, Chairman, Deloitte Touche Tohmatsu Limited (Deloitte Global), said: “Economic growth that is inclusive and sustainable is important for business and vital for building a prosperous society. The Social Progress Index is a practical guide to directing resources toward the issues that can unlock this growth. For business, the Index is a necessary tool in the 21 st century—guiding investment, informing social responsibility strategies and better understanding the impact and purpose of business in society beyond profit—all key in attracting and retaining today’s talent who increasingly want to work for purpose-driven businesses.”

Sally Osberg, President and CEO of the Skoll Foundation, said: “This year’s Social Progress Index reported the world’s progress, rolling up the collective results from 133 countries. Sadly, as a whole, the world earned a failing grade, ranking in the bottom 40 percent of countries. Of particular concern is the world’s performance on ‘opportunity’, which very closely correlates to personal well-being. This is a wake-up call rich and poor countries alike should heed! The United States placing 16th is especially disappointing given its high per capita GDP. This disparity highlights the need and opportunity for social entrepreneurs and innovators to design new approaches, working with business and government to bridge the gap between economic and social progress.”

The Social Progress Imperative created the Social Progress Index working in collaboration with scholars from the Harvard Business School and the Massachusetts Institute of Technology (MIT), as well as international organizations in social entrepreneurship, business and philanthropy led by the Skoll Foundation and Fundación Avina as well as Cisco, Compartamos Banco, Deloitte Touche Tohmatsu Limited (Deloitte Global) and its member firms (Deloitte).

1,500 Teen Leaders Converge On Orlando To Tackle Pressing Youth Issues

Boys & Girls Clubs of America and Aaron’s, Inc. Host National Keystone Conference Encouraging Teens to #OwnYourMagic

ATLANTA, April 6, 2015 – On April 16, more than 1,500 teen leaders from 157 cities and five countries will convene in Orlando to tackle youth issues head-onat the 48th Annual Keystone Youth Conference. This year’s gathering, which is one of the largest youth leadership conferences in the U.S., comes at an opportune time, as today’s youth are more motivated than ever to make a difference in their communities and affect positive change for the world.

At the 2015 Keystone Youth Conference, hosted by BGCA at the Renaissance Orlando at SeaWorld and presented by Aaron’s, Inc. (NYSE: AAN),teens will have the opportunity to voice their opinions about the issues facing America’s youth and share their inspiring visions for change. Under the theme, #OwnYourMagic, these young leaders will attend leadership workshops and interactive sessions to learn the 21st century skills and strategies needed to make a difference in their own lives, in their Clubs, among their peers and within their communities.

“Character and leadership are at the core of our organization. The 1,500 teens in attendance at this year’s Keystone Conference have already proven themselves to be great leaders within their Clubs; after this incredible four-day experience, we’re confident that they will return home ready to achieve a great future,” said Jim Clark, president and CEO of BGCA. “We are grateful to partners such as Aaron’s who share our belief that today’s youth can truly impact a positive change on our world.”

During the conference, teens will be privy to an action-packed itinerary of experiences, professional mentors and inspiring celebrities focused on helping teens define their goals and embrace the skills to put those goals into action. Popular personalities and performers joining the festivities will include WNBA player Skylar Diggins; singer, dancer and actor Trevor Jackson; singer/songwriter Gracie Schram; Grammy nominated singer/songwriter Stacy Barthe; and the all-girl band, Epic.

“We recognize that teens are leaders today, not only in school but within their Clubs, their local communities and beyond. With access to resources that better inform and connect them with the world, teens are able to take unprecedented steps to shape their own future and the future of their communities,” said John Robinson, CEO of Aaron’s, Inc. “We’re honored to be part of the 2015 National Keystone Conference and weare proud to help Keystone teens develop their path to leadership.”

About Aaron’s, Inc.

Aaron’s, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories, currently has more than 2,100 Company-operated and franchised stores in 48 states and Canada. Aaron’s was founded in 1955, is headquartered in Atlanta and has been publicly traded since 1982. Progressive Leasing, a wholly owned subsidiary and leading virtual lease-to-own company, provides lease-purchase solutions through approximately 15,000 retail locations in 46 states. Aaron’s, Inc. includes the, and brands. For more information, visit

About Boys & Girls Clubs of America

For more than 100 years, Boys & Girls Clubs of America ( has enabled young people most in need to achieve great futures as productive, caring, responsible citizens. Today, more than 4,100 Clubs serve nearly 4 million young people annually through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. They provide a safe place, caring adult mentors, fun, friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Priority programs emphasize academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta. Learn more at and

TouchSuite Partners With PVBLIC Foundation to Offer a Profit-Give-Back Payment Processing Structure

—Exclusive partnership provides nearly 100 non-profits the opportunity to recover a percentage of its annual processing, donated back from the processor itself—

Boca Raton, FL (April 7, 2015) — Leading U.S. technology and payment processing company, TouchSuite, has entered a unique relationship with the non-profit advocacy and support institution, PVBLIC Foundation, to create an advantageous financial service partnership for the nearly 100 non-profit organizations within its network. The relationship establishes an exclusive opportunity for PVBLIC’s charitable partners to establish a merchant processing account with TouchSuite that will guarantee the lowest processing rate available as well as assist the organizations in determining the best payment technologies to utilize. Organizations may request information via

In addition to serving the processing needs of PVBLIC’s non-profit and social impact organizations, TouchSuite will be donating 50% of the profits derived from those accounts to PVBLIC Foundation. To make this partnership even more impactful, TouchSuite has stipulated that half of the monies donated to PVBLIC from TouchSuite be used to fund media related campaigns in service to their charitable partners.

“This partnership is a true win/win for PVBLIC and non profit and social impact organization partners” said Sergio Fernandez de Cordova PVBLIC’s Co-Founder and Chairman. “Access to this type of sponsorship and donation structure will serve to dramatically enhance our media amplification capabilities.”

“TouchSuite has been fortunate to experience much success in the past several years, which allows us to give back in more substantial ways through both direct charitable contributions and partnerships with fantastic philanthropic organizations like PVBLIC,” said TouchSuite CEO Sam Zietz. “By working with their incredible team, we are able to offer PVBLIC’s vast network of non-profit partners the opportunity to collect a greater return from each donation or sale that will ultimately support their core mission.”

“We at PVBLIC are excited to utilize the donations from this partnership to amplify the reach of large-scale media campaigns for social change like those we have organized this past year in partnership with the White House and The United Nations,” said Rachel Cohen Gerrol, Executive Director of PVBLIC Foundation.

About TouchSuite:

TouchSuite is one of America’s leading technology companies focused on the electronic payment space. It has been honored six times on Inc. Magazine’s list of the 500 fastest growing private companies in America. The company’s latest, patented point of sale system, The Firefly, offers the most advanced software on the market, with full mobile capabilities and a comprehensive marketing suite tailored for SMB retailers and salon and spa owners. The solution is fully integrated with cutting-edge payment processing capabilities, include ApplePay and other mobile transaction technologies, and is the first POS solution on the U.S. market with built-in, commercially viable EMV processing. TouchSuite is one of only a few processors in the country currently integrated with QuickBooks®, providing users with a more affordable payment processing option that the software’s native solution, without the hassle of double data entry, through its auto-sync payment interface, Lightning Payments™. TouchSuite is headquartered in Boca Raton, FL. For additional information about TouchSuite, visit

About PVBLIC Foundation:

PVBLIC Foundation is an in-kind grant making organization that harnesses the power of media assets to drive social change. Through partnerships with leading media companies, PVBLIC offers in-kind media grants that increase awareness around important causes and significantly expands the scope of limited media budgets. PVBLIC organized the first “Media for Social Impact Summit” at the United Nations in 2014 and has amplified the media reach of nearly 100 non-profits working at the local, national and global levels since its founding in 2012. For more information, visit

Five States and District of Columbia to Offer $1,000 Prizes in “Dash for the Stash” Financial Literacy Push In Libraries

Investor Protection Institute Program Features “Scavenger Hunt”-Like Approach; Research Shows Importance of Knowing More About Fraud, Building Nest Egg, Selecting A Financial Professional, and the Cost of Fees.

WASHINGTON, D.C. – April 7, 2015 – Public libraries and other institutions in the District of Columbia and five states — Connecticut, Illinois, Iowa, Missouri, and Nebraska — will participate in the DASH for the STASH investor education/protection program and contest taking place April 15-May 15, 2015 as part of Financial Literacy Month. Research shows that the four focuses of DASH for the STASH – financial fraud, building a nest egg, selecting financial advisers, and the cost of investment fees – are all topics about which many investors need to learn more.

A DASH for the STASH winner in each state and the District of Columbia will be awarded $1,000 to open or add to an Individual Retirement Account (IRA), thanks to the nonprofit Investor Protection Institute (IPI), the Connecticut Department of Banking, the District of Columbia (DC) Department of Insurance, Securities and Banking’s Securities Bureau, the Office of the Illinois Secretary of State’s Securities Department, the Iowa Insurance Division’s Securities Bureau, the Office of the Missouri Secretary of State’s Securities Division, and the Nebraska Department of Banking and Finance.

The DASH for the STASH contest works much like a scavenger hunt. But instead of collecting objects, players gather information and leave answers to quiz questions. To play, participants will go to participating libraries to find four posters. They will read each poster, access the quiz question and choose an answer. The libraries also will display investor education booklets, courtesy of Kiplinger, the Investor Protection Institute and the Investor Protection Trust.

IPI President and CEO Don Blandin said: “Our goal is to impart some financial knowledge—in a fun way—on how to save, invest, and protect your nest egg. Everyone will learn something. Getting people to focus on investing for retirement is not a game, but DASH for the STASH is a great way to engage participants who might not otherwise pay attention to this crucial part of their overall financial picture.”

Blandin added: “DASH for the STASH was a great success last year in the pilot state of Iowa, with 200 participants entering the contest in approximately 80 participating locations, primarily public libraries.”

Craig Goettsch, education director for the Iowa Insurance Division, is also pleased with the success of the DASH for the STASH program in his state. Goettsch said: “Iowa libraries are an important local link in financial education. They provide both educational resources and encouragement to citizens interested in learning how to invest. The key is to understand the investment and the associated risk and reward before you invest, not after you part with your money.”


Research shows that millions of Americans would benefit from the financial literacy information featured in the DASH for the STASH program:

  • Investment fraud costs billions of dollars each year.  (  A survey conducted for the Elder Investment Fraud and Financial Exploitation (EIFFE) Prevention Program of the Investor Protection Trust (IPT) found that older Americans are particularly vulnerable to such abuses. One in five Americans aged 65 or older – more than 7.3 million senior citizens — already have “been taken advantage of financially in terms of an inappropriate investment, unreasonably high fees for financial services, or outright fraud,” according to that survey. (
  • Most Americans don’t understand the difference between financial professionals.  For example, more than three out of five American investors mistakenly believe that stockbrokers are investment advisers, according to a survey conducted for the Consumer Federation of America (CFA), AARP, the Investment Adviser Association, the Financial Planning Association, the CFP Board, the North American Securities Administrators Association (NASAA), and the National Association of Personal Financial Advisors. (
  • The impact of financial fees is something many investors need help to understand.  About three in five Americans (62 percent) are unaware of how much they are paying in fees for their investment plans, and almost one-third (32 percent) report that they do not feel knowledgeable about the impact that fees could have on their retirement savings, according to an AARP survey. (  The impact of such fees can be substantial in the long haul.  As the Securities and Exchange Commission (SEC) explains: “… if you invested $10,000 in a product with a 10 percent annual return before expenses and annual operating expenses of 1.5 percent, after 20 years you would have about $49,725. But if the investment had expenses of 0.5 percent, you would end up with $60,858 — an 18 percent difference.” (
  • Most Americans are not saving enough to build up a real nest egg.  A CFA survey found that only 49 percent of non-retired Americans said they are “saving enough for a retirement in which you will have a desirable standard of living.” (  The cost of not being prepared is significant since, over a lifetime, investors with a financial plan accumulate about 20 percent more wealth than those with no plan, according to the National Bureau of Economic Research.  (


No purchase is necessary to play. Winner will be chosen in a random drawing of eligible participants who log the correct answer for all four posters. Winner will receive the prize as $1,000 to open or add to an IRA, sent directly to the winner’s bank or brokerage firm for the express purpose of opening or making a 2015 contribution to an IRA. Winner must provide proof of eligibility to contribute to an IRA for 2015 and will not receive cash, nor any other form of payment in lieu of the IRA contribution. For IRA eligibility, check

This investor education and protection program and contest is open April 15-May 15. IPI will randomly select contest winner(s) in early June 2015 from entries with all correct answers in each participating jurisdiction. Prize sponsors are the Investor Protection Institute (IPI) and participating State Securities Regulators. The IPI and all participating states provide independent, non-commercial investor education and protection material. For more information, visit


The Investor Protection Institute ( is an independent nonprofit organization that advances investor protection by conducting and supporting unbiased research and groundbreaking education programs. IPI serves as an independent source of unbiased and non-commercial investor education materials.


The Connecticut Department of Banking ( protect users of financial services from unlawful or improper practices by requiring that regulated entities and individuals adhere to the law, assuring the safety and soundness of state chartered banks and credit unions, educating and communicating with the public and other stakeholders, and promoting cost-efficient and effective regulation.

The District of Columbia (DC) Department of Insurance, Securities and Banking’s Securities Bureau ( administers and enforces the District of Columbia’s laws and regulations applicable to securities offerings and investment professionals. DISB licenses and monitors investment advisers and their representatives and broker-dealers and their agents, and reviews certain public securities offerings in the District of Columbia, independently or in conjunction with the federal Securities and Exchange Commission (SEC).

The Office of the Illinois Secretary of State’s Securities Department ( is responsible for the regulation of the securities industry in Illinois and protection of investors by ensuring compliance with the law and investigating any complaints of fraud or improper practices.

The Iowa Insurance Division ( supervises all insurance business transacted in the state. The insurance commissioner oversees companies and individuals in the sale of insurance in Iowa and has general control over all aspects of their business, from the forms they use to the rates they charge. The Insurance Division also has statutory authority in its Securities Bureau over many activities related to the sale of securities and other regulated products in the state.

The Office of the Missouri Secretary of State (, through the Securities Division, is responsible for protecting Missouri investors from fraud and for ensuring firms and individuals selling securities comply with the securities laws in the state. The Commissioner of Securities leads the Securities Division and enforces the Missouri Uniform Securities Act, which is Missouri’s Blue Sky Law. The Securities Division is organized into three sections: investor education, enforcement, and registration.

The Nebraska Department of Banking and Finance ( was created by Nebraska legislators to regulate state-chartered banks and other financial industries within the state. In 1939, regulation of state securities laws was also placed under the jurisdiction of the Department of Banking. Today, the Nebraska Department of Banking and Finance regulates and supervises various financial industries on behalf of the State of Nebraska and its residents.

RepRisk Releases Report on Most Controversial Projects of 2014

Annual Report Highlights Global Projects and the ESG Issues They Face

ZURICH, SWITZERLAND – April 8, 2015 – RepRisk, the leading provider of business intelligence on environmental, social and governance (ESG) risks, has released its Most Controversial Projects Report (MCP Report), which focuses on the projects – such as mines, ports, factories, and travel and leisure complexes – that were most exposed to ESG risks in 2014.

The projects are based in North and South America, Eurasia, Asia and Australia, and span the extractive, leisure, industrial transportation and utility sectors. Out of the ten projects ranked in the MCP Report 2014, five are related to major workplace disasters caused by hazardous working conditions.

The data for the report is based on information screened, analyzed, and quantified by RepRisk from a wide range of publicly-available, third-party sources.

RepRisk’s MCP Report spotlights ESG risks and was developed as part of RepRisk’s commitment to providing transparency.

Currently, RepRisk’s ESG Risk Platform covers over 12,000 projects that are linked to ESG-related risk incidents. As our clients have shown increasing interest in our coverage of projects, the MCP Report will now become an annual feature on RepRisk’s calendar of reports.

To read the full report click here.

About RepRisk:

RepRisk is a leading business intelligence provider specializing in dynamic environmental, social and governance (ESG) risk analytics and metrics.

On a daily basis, RepRisk systematically screens big data from a broad range of open intelligence sources in 15 languages in order to identify, filter, analyze and quantify ESG risks (such as environmental degradation, human rights abuses and corruption) related to companies, projects, sectors and countries.

Since 2006, RepRisk has built and continues to grow the most comprehensive ESG risk database that serves as a due diligence tool and early warning system in risk management, compliance, investment management, corporate benchmarking and supplier risk. The database currently includes risk profiles for over 50,000 public and private companies and 12,000 projects as well as for every sector and country in the world.

Headquartered in Zurich, Switzerland, RepRisk serves clients worldwide including global banks, insurance companies, investment managers, and corporates, helping them to manage and mitigate ESG and reputational risks in day-to-day business.

RepRisk provides the transparency needed to enable better, more informed decisions. For more information, please visit or follow us on Twitter.

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