A group of Peregrine Financial Group (PFG) forex and metals account holders are asking a judge to order Trustee Ira Bodenstein to return these accounts to customers, arguing that they should not be considered assets of the estate.
Michael Stumm helped create one of the most innovative forex platforms that brought institutional efficiencies to the retail trader. Stumm views success by his ability to be disruptive, which he discusses here
Financial reform was signed into law six months ago and regulators have been busy moving it from theory to a rules-based structure. Now, hopes and reality are starting to clash as challenges arise for all participants
It took nearly two years after the collapse of investment bank Lehman Brothers — the defining moment of the credit crisis — before financial reform was passed and it may take another year to see the important details of how it is implemented.