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In some cases, yes, if the video evidence is clear enough, it could lead to an arrest and prosecution. I'm pretty sure the statute of limitations for theft is longer than three days.

One of the founders of FRG, John Hughes, pleaded guilty to fraud. I have not read anything about another co-founder. And the fraud that he admitted to occurred at a hedge fund called Prophecy Asset Management. Yes, there are reports that he has somehow identified Brian Kahn as a participant in...

Depends on why you want physical gold. If you expect to personally take physical custody of the gold, then your options are fairly limited. You will be dealing with high fees for insured transit. And unless you are talking really large amounts of money, e.g., seven figures... ... then you will...

My guess is that's not what happened. What probably happened: He amassed $3 million and it was held in crypto. By the time the authorities seized it and converted it to fiat money, it was only worth $1.4 million.

John Hughes at Prophecy Asset Management pleads guilty to defrauding investors of $294 million. News reports from Reuters and Bloomberg suggest that Brian Kahn, CEO of Franchise Group (FRG) is a co-conspirator in the Hughes case. B. Riley (RILY) recently acquired a massive stake in Franchise...

That's what I was looking for

Can someone explain how the value of QQQ is calculated? What is the mathematical relationship between the value of QQQ and the value of the Nasdaq 100 Index? When I look at SPX and SPY, the relationship is clear. I get the fact that SPY will never be exactly one tenth of SPX, because SPY has...

FIPS 140-2 is no longer the current standard. Governments systems are now using FIPS 140-3. There are some important differences, but it's over my head. I don't think FIPS 140-3 has been hacked. Much of the private sector uses AES-256, which I believe is stronger than FIPS-140. But at least...

Make some trouble. Speak out against your government. But not too much. Not enough to get arrested and tortured. Just enough to show up on their radar as a problem. Then seek political refugee status in the UK, or Canada, or Australia, or the USA.

I would buy SPY as a lump sum and hedge it with a collar OTM short call and OTM long put maybe go out 9 months or a year for expiration Strikes will depend on your tolerance for risk

Ran across these in a newsletter that I follow... Gotta be among the most kinky and esoteric securities I have seen. Can anyone explain how these work in plain English, in one or two paragraphs? You're holding preferred stock that has a mandatory purchase contract that converts it into common...

Ummm, yeah that's what it means... Actual dates have probably already been chosen, or there is some sort of range of dates, or estimated date on which the shares will begin trading. It's not a random thing where the CEO can wake up on Tuesday morning and say "Okay, let's sell another $8 million...

In one recent thread, @zghorner advanced an argument that with very, very few exceptions, any retail trader who consistently makes serious money either had a strong background and experience in the finance world before they began trading, or had substantial wealth before they began trading (or...

First you have to clarify what you mean when you use the term day trading. The narrow definition refers to trading strategies that are always opened and closed within the same day, meaning that you never hold positions open overnight. But some use the term in a broader sense that includes...

Here is today's gem from Matt Levine at Bloomberg: First he talks about Boaz Weinstein and his fight to take over Sculptor; then he talks more about his "two theories of banking," and the recent bank failures. He then explains why closed-end muni funds are getting beaten up. And finally he...

I still find it ridiculous and utterly incomprehensible that anyone would instruct their broker not to exercise a call that far in the money. Or sell the call. In the name of all that is holy, if you don't want to buy the stock, then sell the f**king call. I'm not saying it didn't happen. If...

You own the stock, and you sold a call. The call expired in the money, so you expected an assignment. You expected the stock to be sold at the strike price of your short call. Am I getting this right? Instead, for some bizarre reason, the holder of the call chose not to exercise it. So you...

Dude... The option in question expired in the money. And not by one or two cents. Brokers automatically exercise ITM options, unless the account holder explicitly instructs them not. And in this case, it would be completely irrational to instruct the broker not to exercise. The real question...

Looks like maybe offering accounts to traders in the USA was literally an impossible venture :rolleyes:

Not sure I can agree with that... I don't know whether there is an easy way to measure that kind of thing. But I would hazard a guess that the majority of papers that are published in the top tier of peer-reviewed journals are not written by graduate students, but rather by established...