High-frequency trading (HFT) has an evil cousin: dark pools.
Latest Bitcoin news: SecondMarket, which already operates a Bitcoin hedge fund for wealthy investors, this week said it plans to expand the reach of that fund to retail investors.
When it comes to big banks’ bad behavior and the fines they pay to settle “allegations” – which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe – things aren’t even close to what they seem.
Investing in Bitcoin isn’t as easy as investing in stocks – right now.
But the arrival of the Winklevoss Bitcoin ETF – an exchange-traded fund developed by twins Cameron and Tyler Winklevoss – will change that.
Everyone wants to know where the billions of dollars big banks have forked over to bank regulators, the SEC, the CFTC, the FERC, and the Department of Justice ends up.
Let’s talk about the so-called Volcker Rule.
When the Dodd-Frank Act was signed into law in 2010 – the bank-busting, save the system, “we’ll never again have a financial meltdown that could destroy the world” legislation – it was more of an outline.
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of New Economic Perspectives. To view original, click here. Opinions herein are not those of the Wall…
Says Obama:
Larry Summers for Fed Chief… He’s got my vote. Absolutely!
Why? You just have to get to know the guy and you’ll see he’s perfectly qualified to head the Federal Reserve.
Here’s just part of his resume.
From 1982-1983, Larry Summers was on staff at Ronald Reagan’s Council of Economic Advisers. That’s where Lawrence of Enablers earned his “Deregulate Everything” T-shirt.