‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInSEC Fort Worth Twitter jokes: Meet the man behind the account
The Securities and Exchange Commission is best known as the no nonsense arm of U.S. financial law. But one regional branch takes its role a little more humorously online. Shamoil Shipchandler, regional director of the SEC’s Fort Worth, Texas, office, told CNBC on Wednesday he is the one who has “tweeted hundreds of jokes” from […]
Robot makes money off Trump’s tweets and donates it to the ASPCA — CNNMoney
Austin-based marketing company T3 has created a robot — dubbed the “Trump and Dump” — that analyzes Trump’s Twitter feed. Every time the president sends a negative tweet about a publicly traded company, the bot automatically short sells that company’s stock, which means the bot essentially places a bet that the company’s stock price will […]
Trump pressures Lockheed, says told Boeing to price out fighter aircraft | Reuters
Trump’s jockeying for leverage via his Twitter account is likely to be a hurdle for all U.S. defense contractors in the next administration, Roman Schweizer, aerospace and defense analyst at financial services firm Cowen & Co, wrote in a note to clients on Thursday. “We have no idea how this plays out but believe ‘Twitter […]
Traders scheme to cash in on Trump tweets – POLITICO
With his millions of Twitter followers and upcoming inauguration to the most powerful job in the world, Trump presents challenges and opportunities that Wall Street has never seen before. Traders not only have to monitor the president-elect’s every word, they also have to follow his Twitter feed. Some are already crafting strategies to cash in […]
Can algos trade Trump’s tweets? Absolutely. Maybe. — CNBC
The 10-second delay, which was calculated by the analysis firm Nanex LLC, indicates that something rare was likely happening in global markets Tuesday morning: Human beings were seeing — and reacting to — news before computer trading programs could move on it. In an era of super-fast algorithmic trading in which delays are measured in […]
Perplexed ‘False Tweeter’ Claims to Have No Interest in Stock Market | Compliance Week
James Alan Craig is no retired Croatian underwear seamstress but the most recent developments in his “false tweets” case are starting to remind me a bit of the Sonja Anticevic saga from back in 2005. via Perplexed ‘False Tweeter’ Claims to Have No Interest in Stock Market | Compliance Week
SEC, DOJ Pursue Scottish Trader for ‘False Tweets’ | Compliance Week
Market manipulation is nothing new, of course, but both the SEC and DOJ pursued a social media-age method of illegally moving the market last week when they brought securities fraud charges against a Scottish trader whose allegedly used “false tweets” to caused the stock prices of two companies to plunge. via SEC, DOJ Pursue Scottish Trader […]
My 15 ‘Must-Follows’ on Twitter — 2015 Edition | Compliance Week
It took me over five years, but here, finally, is a 2015 update to my list of “15 People All Securities and Corporate Litigators Should Follow on Twitter.” via My 15 ‘Must-Follows’ on Twitter — 2015 Edition | Compliance Week.
How one trader made $2.4 million off a tweet – Fortune
… On Friday an options trader made more than $2.4 million based on a single tweet in just 28 minutes. Nice work if you can get it, which you probably can’t. via How one trader made $2.4 million off a tweet – Fortune
OMG it is #TBT at the SEC! | Compliance Week
It is Thursday, so that means it is “Throwback Thursday” on Twitter and other social media sites such as Instagram — and also at the SEC! via OMG it is #TBT at the SEC! | Compliance Week