William Galvin
Sheriff of Boston-ham Wants To String Up Robinhood
This time, though, it’s for taking money from the poor.
Maybe It Wasn’t Such A Great Idea To Fire A Guy Who Knew About The Ponzi Payments You Were (Allegedly) Making
Because in addition to “unemployed,” he can also now call himself “whistleblower.”
Sheriff Of Boston-ham Comes For Robinhood
Massachusetts has some problems with the Millennial trading-game app.
![By 根川孝太郎 (Kotaro Negawa) (Own work) [CC BY-SA 4.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MzMwODU2NTUxOTI1/ferrari.jpg)
Hedge Fund Manager Accused Of Spending Investor Cash On Cars, His Son’s Mortgage Rededicates Himself To Serving Clients
All it took was a little chat between Raymond Montoya and the U.S. Attorney’s Office.
Beware The Boredom Of The Massachusetts Secretary Of The Commonwealth
Rogue brokers, you're all on notice.
Even Peasants Can Have Robots Invest Their Money
If that sounds like something you're interested in.
Merrill Lynch Outsources Internal Policy Enforcement To Massachusetts Authorities
Which is charging $2.5 million for its troubles.
The Less-Colorful Eliot Spitzer Strikes Again
[caption id="attachment_99794" align="alignleft" width="260"] No jurisdiction can hold me.[/caption] Hedge fund manager Phil Goldstein once said that when Massachusetts Secretary of the Commonwealth Bill Galvin looks in the mirror in the morning, he sees Eliot Spitzer. Granted, he said this before certain aspects of Client Number Nine's private life hit the front pages, but the point was made. And while Spitzer moves from one failed media venture to another—undoubtedly paying very close attention to a certain South Carolina House race—Galvin still carries the torch and a copy of the Bay State's securities law. That law must be unusually broad, because he's used it to fine a German bank $17.5 million for naughtiness related to a CDO created with an Illinois-based hedge fund.