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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    You're asking them to ignore a blatant, cut and dry violation of the law that any prosecutor will tell you is easily winnable. Having sat in the shoes of a Federal employee I understand that you just can't do that when your job is to prosecute these types of cases. In every event it's important...
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    BC Government offering interest free loans for house down payments!

    The first half of your post is great and very useful, thanks. I am confused about the second half of your post. The top marginal rate in 2016 for personal income in Canada is 33% and capital gains is 16%, my marginal rate in the U.S. is 39.6% and my LT capital gains rate is 15% plus I lose some...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    You're right, my middle schooler is generally concerned about high blood pressure and helping people who were passed by the internet revolution. Of course he's a little more mature than your typical middle schooler, he doesn't make up names to call people and post under multiple handles...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Thanks for confirming that. Actually it took about 2 minutes; when you repeat "passive aggressive" several times it a row it's clearly a term you've quite proud of so you can't resist posting it regardless of which handle you happen to be using. Then pick two or three other unique phrases and...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    What are the odds that you're AAAintheBeltway? Why not just stick with your original handle?
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Like I said, blood pressure. If you're really my age it's a real concern.
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Sorry, thought it was a discussion board. My bad.
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    You have a great night too. And don't let discussions get your blood pressure up too much, at the point you start calling people names you're probably impacting your health.
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Wow, you get a 15 minute response window and that's it with this dude! God help you if you're not retired and actually just check in for entertainment purposes from time to time. Every single one of the items you listed has always been endemic. Rumely v. United States in 1952 is the seminal...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    I don't know what 1980's you were living in my friend, and although it was before my time the 1970s and 1960s had exactly what you're describing but more from contemporary descriptions. Again, I'm happy to show you how to use the internet to your benefit, I know some older folks aren't really...
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    IB and SVXY in an IRA

    It's a paperwork pain and can trigger a bunch of taxable events if you have over a certain amount of gains. They probably just didn't think it was worth developing the software or hiring the people to handle it based on the numbers they had holding these in retirement accounts. I haven't...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Which was all reported per SEC regulations, you could have simply mimicked his buys which were publically reported and had pretty much the same gains. And I'd argue that the transparency was definitely there, if you followed those stocks it was common knowledge and very apparent how they were...
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    Which law was Elon Musk above in the case of these companies, exactly? We will use your example to make my point however. We all knew every possible detail about the SCTY/Tesla merger and all it's warts from any of dozens of sources that we could all read for free online. You can find out any...
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    Massive government debt bomb! Buy gold now goddamit!

    Gold down almost 10% since TopHat's breathless rant. I'm guessing he makes wild predictions, switches to another handle when they don't come true, and eventually pure chance will make him right at which point we'll hear no end about what a great market sage he is.
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    No need to argue, just point out the time and place when there wasn't any cronyism and you've made your point. If you can't defend a point why bother making it, especially when it's a rather outrageous claim.
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    To some, Theranos lawsuit shows scary side of buying stock in private companies

    What age and what universe has that not been the case? I'd argue there is far less cronyism and far more transparency than any time in history, anywhere.
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    Neither money makers or anyone else "knows" what a stock is worth. I think you can find "fair value" right next to the unicorn in the leprechaun forest. It's a market, the whole point of a market is that supply and demand determines price. Market makers are just trying to balance supply and...
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    Sounds like you don't want market makers to make a profit? Have you ever traded anything where there wasn't enough profit in it to attract market makers? Single Stock Futures are a great example; no market makers=no market. Seems that we'd want those who put market makers out of business through...
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    How the Biggest E-Mini Futures Trade of 2016 Sent the Market Soaring

    This happened in the most liquid market in the world at 1:21 EST on a Wed.
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