Hint: One’s run by a hot-dog enthusiast and starts with a “P” and ends with an “oint72.” Read more »
Guess Which Of The ‘Largest Hedge Funds’ Are Getting An Especially Close Look In SEC Insider-Trading Probe?By Jon Shazar
Unfortunately for the brokerage, regulators like the SEC and FINRA keep dredging up the distant past of two years ago, when the firm was perhaps a little more lax vis-à-vis market access. But that’s ancient history, history which, Wedbush would like to add, does not include any losses to anyone at any time, and for which it should really just get a pass. Read more »
Remember about a year and a half ago, when President Obama appointed a former federal prosecutor to head the SEC with the promise that she’d be, pound for pound, the toughest regulator D.C. had ever seen?
Well, she’s been tough, alright: tough to deal with. Her fellow Democrats on the commission hate her, her fellow regulators hate her, Congressional Democrats hate her (and Republican ones aren’t interested in giving her any more money), consumer groups hate her, and the White House isn’t thrilled, either.
And what does she have to show for all of the alienation? Well, a great deal of alienation. Read more »