Feature Articles Archives - Page 9 of 37 - The Industry Spread

The Corcoran Family in Futures and Beyond

November 25, 2019

Furthermore, Corcoran’s son, Pat, is the manager for Chance the Rapper, one of the biggest music stars on the planet.

Both were guests on the latest podcast by the Futures Industry Association entitled FIA Speaks, which is hosted by FIA CEO Walt Lukken.

In the 1980s, the elder Corcoran, said he got involved in a start up partially backed by the Chicago Sun Times, one of Chicago’s two biggest newspapers.

USDOJ Charges Precious Metals Scheme as Criminal Enterprise

November 22, 2019

The US Department of Justice is calling a recent trading scheme a criminal enterprise. RICO is a statute enacted on October 15, 1970, providing enhanced sentencing for any crimes committed which are deemed under RICO, as in furtherance of an ongoing criminal enterprise.

SEC’s Division of Enforcement SECDOE Touts Positive 2019

November 11, 2019

We are pleased to share the Division of Enforcement’s annual report detailing the accomplishments of the Division during Fiscal Year 2019. The more than 1,350 talented women and men of the Division are steadfastly committed to protecting investors and ensuring that our capital markets operate fairly.

USDOJ Unravels Trading Scheme

November 8, 2019

From approximately March 2012 until December 2013, three traders who were members of a single trading team at Tower engaged in a scheme to defraud other participants in the markets for E-Mini S&P 500, E-Mini NASDAQ 100 and E-Mini Dow futures contracts (collectively, E‑Mini futures contracts). The S&P 500 and NASDAQ 100 future contracts were traded on the Chicago Mercantile Exchange, while the Dow futures contracts were traded on the Chicago Board of Trade.

Warren’s Health Care Plan to Hit Traders and Investors

November 4, 2019

For many of the ultra-wealthy, as Warren calls them, much of their wealth is tied up in their companies or in their company’s stock. For instance, Jeff Bezos, the wealthiest American, after his divorce according to Business Insider, still owns 59.1 million shares of Amazon.