2013 was a year of anticipation and perhaps disappointment. For those hoping the 2012 election would have settled some of the dysfunction in Washington, that did not happen. In fact, we doubled down on fights already settled as if there were no new business. Equity markets impressed, but few saw it as anything other than the hand of the Fed. Mercifully, the Fed signaled the beginning of the end of QE3 by year-end.
CFTC permanently bars accountant, Jeannie Veraja-Snelling, for failing to properly audit Peregrine Financial Group, Inc.
CFTC files complaint against U.S. Bank, N.A. alleging unlawful use of Peregrine Financial Group, Inc.’s customer segregated funds and violation of customer segregation laws.
Peregrine Financial Group Inc.’s $20 million corporate headquarters and its 22-acre Cedar Falls, Iowa, site can be put up for sale, a federal judge said.
Following an independent review of the organization's audits of the now defunct Peregrine Financial Group, the NFA will make changes to its auditing process.
Russell Wasendorf Sr., the founder of now-bankrupt commodities firm Peregrine Financial Group Inc., was sentenced to 50 years in prison for what prosecutors said was a theft of more than $215 million from customers.
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are some that are too-big-to-prosecute.
Russell Wasendorf has pleaded guilty to fraud at Peregrine Financial Group and is behind bars. Now, his estate is up for sale to try and recoup some of his theft. The "Des Moines Register" got a look inside his estate.
August volume for CME Group compared to the same period last year was down by 40%. That’s not a statistic that sits well with an industry that has grown, almost non-stop, for a few decades.
As if the Peregrine Financial Group (PFG) fraud story could not get any more peculiar, Russell Wasendorf Jr. and his wife Amber filed a lawsuit against US Bank and one of its employees last Friday, alleging that the bank failed to disclose pertinent information about his father’s finances and misuse of customer funds.