lol! "Hope" is not a strategy. :D
There's probably a lot more complexities to the story outside of the public realm. We'll just have to see how it plays out. My guess is it will...
Don't bet on a criminal prosecution, however anything is possible. I'm not sure either regarding the clients going after her in a civil suit....
I haven't read that story. Do you have a link/source? That sure seems like a hefty referral fee, and it would probably have to be disclosed...
Agreed, the SEC isn't likely going to forward the case to the U.S. Attorney for criminal prosecution. Other than permanently barring her from...
You are actually correct. IF you were a superstar and bought on the LOW TICK on 2009 and sold on the HIGH tick on 2015, yes, it's almost a 20...
The writer has 30 years of options trading experience and was head of Risk Management on the ICE exchange. According to the article, the writer...
In fact, USLV has already done a reverse split, "1 for 10" as described below: "NEW YORK, Aug. 22, 2013 /PRNewswire/ -- Credit Suisse AG...
These leveraged ETFs have tremendous decay, so they routinely do a REVERSE SPLIT. This means if it's trading at say 5 bucks and they do a "1 for...
USLV is an ETN (exchange traded note) and states the following in the prospectus: "The ETNs are intended to be daily trading tools for...
What I've found is that unless you are in the sweet spot of a triple leveraged ETFs run (usually just after a reverse split), it's really not...
Good points. It turns out, TT is actually owned by Dough, Inc. From tastytrade.com: Tom Sosnoff and Kristi Ross are the co-CEOs of dough,...
You're right, they have advisors. However, it's the investor who was given the PPM and signed off on it, not the advisor. Apparently, "Investor...
The trades only became fraudulent because she designed them to specifically collect the incentive fee even though she hadn't passed the high water...
If her plan was to make money the "old fashioned way" then she wouldn't have booked the premium as a gain to collect the incentive fees. She...
I would not be surprised if any of the investors will try to sue TD Ameritrade for promoting her services and putting her on a pedestal for so...
Yes, they may be naive, however if they spread out their investments over various funds, various asset classes, some do just fine. That doesn't...
The SEC doesn't care whether it made sense or not, or whether she "counted on making money." They don't give a rat's ass if you win or lose, it's...
No, what's laughable is the high net worth accredited investor who doesn't seem to understand this, yet forks over a minimum $250,000 to invest in...
Ok, yes, that's correct. The function of the "scheme trades" was to create the illusion that she was owed her 20% fees. My guess is the SEC will...
Separate names with a comma.