Growth Capital Management Principal Robert Milhailovich Sr. told clients he had never made a losing trade, according to a Commodity Futures Trading Commission lawsuit filed in a U.S. District Court in Texas. He did not, however, mention the fact that he was on supervised release from a 27-month prison sentence for a felony mail fraud conviction, [...]
The May 6 flash crash and the lack of definitive explanation for it are still alarming market participants in the U.S. and abroad. Investigating the plummet is like a game of Clue with plenty of suspects. But now Colonel Mustard and Professor Plum are suspected of doing it on an exchange with a black box [...]
The Wall Street reform bill, expected to be signed by the president sometime next week, gives regulators considerable flexibility with their decisions, leading many to believe they will have a large impact on consumers. Market Watch reports that regulators are in charge of writing 243 new rules. The first issue that regulators are expected to focus [...]
The passage of the recent financial reform bill could lead to unexpected results, according to Forbes. Many banks will begin to look for ways to avoid the new regulations imposed by the bill. Most importantly, banks will look for new areas of growth, particularly abroad, so that the government will be unable to regulate their activity. Citigroup [...]
Futures of various types were up at the end of the day–and after. Good news from Intel was among the factors driving futures up after the close today. Business Insider: Nice graph of the S&P 500 trend. Barron’s: Dow futures join S&P for the ride. MarketWatch: Crude Oil futures rally 3% on the day. CNBC: [...]
The PIPEs Conference is the largest and most influential event in the small cap equities market. Following the success of last year’s event, The PIPEs Conference 2010 returns to Las Vegas on Nov. 8 through Nov. 10. Investors, company management teams, investment bankers, and other finance professionals will gather for three days of education, networking, [...]
The annual Rodman & Renshaw Global Investment Conference will be held Sept. 12 through Sept. 15 at the New York Palace Hotel in New York, NY. It will feature a number of tracks for guests to choose from including healthcare, metals and mining, energy, cleantech, and China. Henry M. Paulson Jr., former secretary of the treasury, will [...]
What began as a Securities and Exchange Commission claim that sending some employees to “fraud college” would help prevent oversights like the nationwide Bernard Madoff scandal, ended as a day-long conference at Utah Valley University. “I looked at the SEC staff, around 3200, versus the U.S. population; the math doesn’t add up,” said Brent Baker, [...]
The Corruption Hunter Network gathered in Berlin for a two-day meeting, The Wall Street Journal reported. Armed with sharp minds and stiff litigation, this aptly named group of dedicated law professionals from around the world, ranging from government officials to veteran investigators, seeks to prosecute cases of corruption. The network began four years ago at the [...]
Palms in for buying, palms out for selling. That’s the extent of knowledge that most laymen have as far as trading floor hand signals; however, many fail to realize that there exists an extensive language of hand signals that is quickly becoming extinct. Hand signals have been used in trading pits for decades to communicate [...]
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