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HedgeFundsX

HedgeFundsX

Are you Tired of Hearing all the Daily Drama of Doom and Gloom? If so, then I have some Good News

By Jack J. Kelly We seem to be stuck in a loop of perpetual arguing and fighting over politics particularly  perpetrated and inflamed by the mass media.  I would humbly like to offer a different message. Rather than worry about North Korea, Russia, and ...Read More

ACAMS Roundup: United States Settles Magnitsky Fraud Case, Wells Fargo’s Fake Accounts Settlement in Peril, and More!

Russian-owned Cypriot company Prevezon Holdings will pay U.S. authorities nearly $6 million to settle charges of money laundering stemming from the $230 million tax fraud first uncovered by the now-deceased Muscovite attorney Sergei Magnitsky, Bloomberg said. More A U.S. federal judge indicated he may reject Wells Fargo & ...Read More

Brazilian Bribery, SEC worried about Cyber attacks, and Wells Fargo and the Wolf of Wall Street are both back in the news again

By Jack Kelly: Wall Street bounced back from yesterdays 300 point selloff  but today it is all about Brazil’s, Bovespa’s stock market blowout plunging over 10% . Brazil’s currency, the real, tanked 7%, its worst day since the global financial crisis in 2008.   ...Read More

Just last week we wrote about the unusual calmness in the stock market relative to the sturm and drang hanging over us today

By Jack Kelly: On a daily, actually minute-by-minute, basis the mass media inundates us with fear and terror.             Breaking news alerts on cable television news programs warn their already nervous  audience of a possible nuclear war with North Korea and the potential of ...Read More
A DAILY ROUNDUP OF THE MOST FASCINATING WALL ST, COMPLIANCE AND REGULATORY NEWS.