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SEC

Wednesday stock markets try to bounce, but run into bears

WASHINGTON, Sept. 30, 2015 – We had a nice rally right after the opening bell Wednesday morning. But it wasn’t long before the Bad News Bears took to the field and tried to pitch a string of scoreless innings. Stocks that opened deliciously high soon had their sails trimmed, as the averages backed off. Since ...

Labor Day 2015: Stock market too screwed up to invest in?

WASHINGTON, Sept. 7, 2015 — Happy Labor Day to all. And to you remaining retail stock market investors as well. Today is a happy day for you and for the Maven. That’s because nothing bad can happen to our portfolios on Labor Day.  U.S. markets are closed to celebrate the way most of us actually used to make ...

The SEC and the fiction of fiat money

Conservatives should be joining Liberals in cheering the new SEC rule on reporting ratios of executive compensation to median employee compensation.

New Fidelity ‘dark pool’ set to gore high-frequency traders

WASHINGTON, January 20, 2015 – Upon the initiative of trading and mutual fund giant Fidelity, that company and at least several other large institutions are already en route to setting up a substantial “dark pool” for their customers. It’s set to go live perhaps in early autumn, 2015. From ZeroHedge: “According to the WSJ, some ...

Suspicious trading in MoneyGram: Markets really rigged?

WASHINGTON, April 30, 2014 − Markets are adhering to their usual pattern this week, including an up Tuesday and, thus far at least, a wobbly Wednesday. Looking at trade numbers underneath the surface, it’s clear that professional traders have been relentlessly lightening up on positions since at least eight weeks ago. As for the Maven, ...