New Hire Roundup: Altegris Names Jack Rivkin CIO
Meanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
Why Buyers Should Be Wary of Bitcoin Mania
There's a lot more to investing in the so-called "virtual currency" than potential investors may know about.
SEC Enforcement: ‘Trader’ Bilks Elderly Investors to Pay Mortgage
Other recent targets of SEC actions were an oil services company fined for bribing foreign officials and a penny-stock financier.
SAC Capital Pleads Guilty, Will Pay Record $1.2 Billion Penalty
The penalty is on top of the $616 million in insider trading fines that SAC agreed to pay earlier this year.
SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
JPMorgan CEO Meets With Attorney General Amid MBS Charges
A government official familiar with ongoing negotiations said an $11 billion national settlement is under review to resolve claims against JPMorgan.
Top 10 Wall Street Crooks: Insider Trading
Using confidential information to make a mint is nothing new. Here are 10 that carried on that fine Wall Street tradition.
DOL Provides ERISA Guidance for Same-Sex Couples
DOL announced new guidance interpreting the Supreme Court’s decision overturning the Defense of Marriage Act and its impact on ERISA.
SEC Rewards Whistleblowers Who Halted Sham Hedge Fund
The SEC announced Friday that it gave the three whistleblowers more than $25,000 combined and will pay them more as assets are collected from the sham manager.
Peter Schiff: GDP Numbers Are ‘Government Propaganda’
How do you short government data? It’s a question more money managers and industry insiders are asking as widespread distrust of the government continues.