Head of an investment firm now sentenced to 25 years in prison for market manipulation
Ra Deok-yeon, the head of an unregistered investment consulting firm, was sentenced to 25 years in prison for orchestrating a massive stock manipulation scheme in South Korea.
New developments in the cryptocurrency market: Whale uses 5,000,000 GODE to launch Crytocoin mining rigs
Recently, there was a remarkable news in the cryptocurrency market – a “whale” account transferred up to 5,000,000 GODE to CrytocoinMiner to start cloud mining. According to industry analysis, this operation is expected to bring the…
Multi-manager hedge funds such as Citadel pose big risks, BOE Governor says
Learn about the complexities and risks involved in multi-manager hedge funds like Citadel and Millennium and their market influence.
Regulators now impose investigation into JPMorgan for illegal short selling
In a recent crackdown, financial supervisory authorities imposed fines on four major global investment banks—Nomura Securities, JPMorgan, UBS, and Morgan Stanley—for violations related to short selling regulations. This incident shines a spotlight on the…
SEC Commissioner laments agency’s decision to fight against CAT system
SEC Commissioner Caroline A. Crenshaw expresses concerns over SEC's decision to scale back the vital Consolidated Audit Trail (CAT) system.
