Monday, 22 September 2014
Last updated 2 hours ago
Oct 31 2008 | 7:43pm ET
The National Futures Association announced has suspended SNC Investments and its principal, Peter Son, from membership.
New York-based SNC, which operates as a futures commission merchant, commodity pool operator, and commodity trading adviser has suddenly ceased operations, according to the NFA, and Son is reported missing along with millions of dollars in investor funds.
The NFA has prohibiting Son from soliciting or accepting any new funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.