Lizzy Gurdus, 24 June 2021
The Reddit-fueled trading frenzy is getting out of hand, according to the country’s top investment advisor.
Ric Edelman, the No. 1 registered investment advisor in the United States and founder of Edelman Financial Engines, said Monday that he’s “very concerned” about what he sees as a sweeping “pump-and-dump scheme” roiling markets. Continue reading “Article: Reddit trading is leading to ‘massive market manipulation,’ top investor warns. How to protect your portfolio”
STURGIS, S.D. (KBHB) – The Senate Ag Committee held a hearing Wednesday to discuss the issue of cattle market manipulation and anti-competitive practices by the meat packers.
Late M&A banker Jean-Marc Forneri’s Swiss lawyer and wealth manager were found guilty of helping him conceal assets and dodge taxes in a French crackdown on those who facilitate financial crime.
TLC: THE LONG CON: The markets are frothing with liquidity. PART 1
The Qatari government accused financier David Rowland and his son of “brazenly” hiding evidence as it sought to escalate its legal dispute with Banque Havilland over its alleged role in an economic attack on the country.
There’s something a little weird about short selling. Shorting—or betting that a stock’s price will fall—is a feature of finance that doesn’t have a close analogue in the real-world economy.
The financial intelligence watchdog and big four banks will be probed under a new parliamentary inquiry designed to measure the efficiency and adequacy of the Australia’s anti-money laundering regime.
Stunning Confessions of a Short Seller
A judge investigating corruption allegations against former Mauritanian President Mohamed Ould Abdel Aziz ordered that he be jailed, an opposition party said as it called for his release.
How the GameStop Hustle Worked
The bank had exited the business around a decade back by selling it to EVO Payments as it had felt that the business was no longer viable and was highly risky as it was used for gambling and financial crime. But as we have been saying many times over the last couple of months, the payments business is back in vogue and it is expected to grow in a very large manner all around the world in the coming months.
Online retail giants in India may soon have to play by new rules when it comes to offering discounts.