Ken Griffin’s Ties to News Corp Is a Big Problem
Ken Griffin is a well-known billionaire hedge fund manager and the founder of Citadel LLC, one of the largest and most successful hedge funds in the world. In recent years, Griffin has been involved in a conflict of interest with media conglomerate News…
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…
Retail Investors Say FINRA Abused Its Power by Halting MMTLP
On Friday, FINRA shocked retail investors everywhere as it halted trading of MMTLP stock ahead of the new spinoff. This news has left investors with some pressing questions. Meta Materials is distributing shares of subsidiary Next Bridge Hydrocarbons to…
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…
Biotech Company Suing Citadel Over Market Manipulation
Biotech company Northwest Biotherapeutics is suing Citadel and other market makers for allegedly manipulating its stock price. The company is accusing Citadel Securities LLC, Susquehanna, Virtu, and other Wall Street firms of driving its stock price down…