Here’s How FINRA Has Failed Retail Investors
FINRA, or the Financial Industry Regulatory Authority, is a non-governmental organization that oversees the securities industry in the United States. It is responsible for regulating broker-dealers, issuing and enforcing rules for the industry, and…
Ex-JPMorgan Gold Trader Faces 30 Years in Prison for Spoofing
An Ex-JPMorgan Gold trader was found guilty of fraud in the commodities market. Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal judge in Chicago, the latest win for U.S prosecutors in their crackdown on…
These Hedge Funds Have Been Wiped Out in 2022
Which hedge funds have been underperforming in 2022? Hedge fund Tiger Global Management is down -54% for the year despite gaining 1.4% in November according to Bloomberg sources. Persons familiar with the matter say the firm’s long-only fund rose…
Citigroup Has Been Shorting AMC for Over a Year
Citigroup is giving AMC Entertainment a salty $1.20 price target after shorting the stock the past year. The institution has filed a 13F-HR form disclosing ownership of 158,173 shares of AMC Entertainment Holdings, Inc. The holdings are valued at $1.1…
JP Morgan Manipulated Gold to Keep Hedge Funds Happy
An ex-trader says JP Morgan spoofed gold to keep hedge funds happy. He says client orders made a lot of money for the bank. Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase…
