Silver as an investment

Tag Archives: sec

I’m in Awe of How Far the Scams & Stupidities around “Blockchain Stocks” are Going / by Wolf Richter / Dec 28, 2017  This can happen only during the very late stage of a bubble. It just doesn’t let up. UBI Blockchain Internet, a Hong Kong outfit whose shares trade in the US [UBIA], filed with the SEC to sell an additional 72.3 million shares owned by its executives. In other words, it […]

Albertsons Gets Clocked by Amazon Whole Foods Entry into Supermarket-Meltdown Price War / by Wolf Richter / Aug 28, 2017 IPO hopes re-crushed. Customer traffic, same-store sales spiral down. Something ugly happened to Albertsons Companies, Inc., the owner of Albertson’s, Safeway, and smaller supermarket chains totaling 2,329 stores, 27 distribution centers, and 18 manufacturing facilities: Amazon, on its first day as new owner of Whole Foods, slashed prices on […]

Vietnam Plans To Legalize Bitcoin By 2018 / by Tyler Durden / Aug 27, 2017 9:30 PM Vietnam is on the cusp of joining a growing list of countries that have explicitly legalized bitcoin and other cryptocurrencies, according to local media outlets cited by CoinTelegraph. Prime Minister Nguyen Xuan Phuc has authorized the formulation of a plan that could result in the legalization of digital […]

SEC Freezes Accounts Of “Highly Suspicious” Traders Who Made $3.6 Million On Fortress Takeover / by Tyler Durden / Mar 1, 2017 12:03 PM First, it was the leak of the massive Heinz-Unilever deal that may have scuttled the Warren Buffett-inspired transaction, now it appears that another recent megamerger was leaked 4 days ahead of the announcement. On Wednesday morning, the SEC froze brokerage accounts of several unnamed traders who made […]

If the Winklevoss Twins Win, $GBTC Shareholders Will Lose / Dr. Fly / Feb 23, 2017  Let’s be clear. No one wants the Winklevoss twins to win. Those pedantic row boating Facebook lottery winning shits don’t deserve to keep winning like this. I don’t know how they keep getting away with it. Hopefully, the SEC will finally put an end to the ‘twin madness’ by […]

Behold The Impressive M&A and IPO Deal List Of The New Head Of The SEC / by Tyler Durden / Jan 4, 2017 11:05 AM It’s official. As previewed earlier this morning, when we reported that according to media reports, Sullivan & Cromwell lawyer Jay Clayton, a long-time favorite of Wall Street and especially Goldman Sachs (Sullivan is a key outside legal adviser for Goldman and is more closely associated with Wall […]

Wells Fargo Confirms SEC Probing Its Sales Practices / by Tyler Durden / Nov 3, 2016 8:23 AM In the Legal Actions section of its just filed 10-Q, Wells Fargo confirmed that the bank is the object of an SEC probe, as well as various other government, state and local agencies are looking into its sales practices and reported that a “a number of lawsuits […]

“We Have Done Nothing Improper” – Omega’s Cooperman Responds To Insider Trading Charge: Full Letter / by Tyler Durden / Sep 21, 2016 5:07 PM As reported earlier today, in a stunning crackdown on one of the hedge fund industry’s icons, the SEC accused Omega Advisors’ Leon Cooperman of insider trading in shares of Atlas Pipeline. As expected, Cooperman disagrees, and in a 5 page letter to investors, he explains why “we […]

New SEC Money-Market Fund Rules Forcing a Liquidity Squeeze? / By Alex M., Founder of Macro Ops / August 22, 2016 On Oct. 17th new SEC rules will come into play that’ll affect money market funds and liquidity across the financial sphere. These rules are an attempt to prevent an 08’ style crisis by controlling money market liquidity, but in reality, they may actually cause another […]

HFTs Lose: IEX Granted Exchange Status As SEC Says The Speed Race Is Over

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. / by Tyler Durden – Jun 18, 2016 10:29 AM Earlier this week when we reported that the SEC staff had unexpectedly granted approval of the IEX exchange, the culmination of a long battle between free and unrigged market supporters […]