Article: “For Guys Like Me, It’s All About Sheer Luck”: Why Retail Traders Are Facing “Catastrophic Losses”

Article - Media

“For Guys Like Me, It’s All About Sheer Luck”: Why Retail Traders Are Facing “Catastrophic Losses”

Comment: Zero Hedge is such a shit rag when it comes to honesty about how the system works. Day Traders / retail traders   you can they are facing major losses  The poor bastards stand a better chance at a casino at least they will give you a FREE DRINK..  Wall St little known secret is BIG Players will counterfeit shares into their buying and when they run our of money the stocks will go straight down    WELCOME TO FRAUD ST.      Poor Retail investors  you know them Fireman, Police ,Nurses ,Teachers, military  it goes on and on we  all tell them  what a great job,,   BUT not on our field we will take your heads off   But Thanks for playing

Fined: TD Ameritrade, Inc. Fined by FINRA

Fined

TD Ameritrade, Inc. Fined by FINRA

An AWC was issued in which the firm was censured and fined $250,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it created inaccurate order memoranda on options orders for customers whose orders should have been coded as Professional Customers. The findings stated that these orders were entered through the firm’s internal trading platform and routed to option exchanges through third party broker-dealers.

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Article: VirnetX Class Accuses Big Brokers of Naked Short Sales

Article - Media

VirnetX Class Accuses Big Brokers of Naked Short Sales

Chris Fry

Courthouse News Service, 19 December 2016

Investors claim in a federal class action that Goldman Sachs and other banking giants suppressed the share price of VirnetX, “a leader in mobile security technology.”

In addition to Goldman Sachs, the Dec. 14 complaint in Bergen County Superior Court takes aim at Merrill Lynch, Credit Suisse, TD Ameritrade, Charles Schwab and the Bank of New York Mellon. The case is the Top Download for Courthouse News on Monday.

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