Weekend Reads: Corzine Settlement

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“Nearly five years after Jon S. Corzine presided over the collapse of the brokerage firm MF Global and became a target of federal investigations, his legal ordeal might be drawing to a close.”

5 Years Later, Jon Corzine May Avoid Trial With $5 Million Settlement – (The New York Times)

 

The Treasury Department (Treasury) and the Internal Revenue Service (Service) recently issued proposed regulations that, if finalized as proposed, could have a significantly adverse effect on the ability of a regulated investment company (RIC) to indirectly invest in commodities through a subsidiary.

Federal Tax Guidance Regarding RICs’ Investments in Commodities, Certain PFICs, and “Securities” – (K&L Gates HUB)

 

“four of the eight asset classes we track not moving more than five one-hundredths of a percent!”

Asset Class Scoreboard September – (RCM’s Attain Alternatives Blog)   

 

“Mr. Market doesn’t care who you are voting for, doesn’t care very much who wins, isn’t choosing one candidate over another and isn’t especially concerned with politics.”

Do Stocks Affect, Choose, or Predict Presidential Election Candidates? – (Ritholtz)

 

“Americans are right to want better performance than they’ve seen in the past ten years.”

Why Americans Feel Poor, in One Chart – (Bloomberg)

 

The shock move in early trading in Asia left investors stunned and analysts blaming computerized trading programs for intensifying the dizzying drop.

U.K. pound plunges more than 6% in mysterious flash crash – (CNN Money)

 

Chicago:

However, this year’s Cubs were probably better than those 103 wins suggest. If we look at their ratio of runs scored to runs allowed using the Pythagorean formula, Chicago played more like a 107-win team who got a bit unlucky in close games, on top of already being a bit unlucky in the timing of their hits.

The Year Of The Cubs – (FiveThirtyEight)

 

“But a closer look at the best team in the majors offers lessons that any young company would be wise to follow.”

How the Cubs, a 140-Year Old Baseball Team, Operate Like a Startup – (INC)

 

“Local photographer Chris Biela says it took him over 8 months to shoot and edit because he wanted to captures several of Chicago’s most iconic warm-weather events”

Beautiful Timelapse Video Shows Chicago’s New Ferris Wheel & Summer’s Glory – (Chicagoist)

 

Just for Fun:

“You start on the black side of the bracelet and whenever you do something nice for yourself or for anyone, like picking up their books or opening a door, you flip it over to the white side and hopefully that will encourage people around you to also do compassionate things,” added Nicholson.

‘Be nice to somebody’: Island school joins Compassion It campaign – (CBC News)

 

In her new book America the Anxious, journalist and filmmaker Ruth Whippman explores how that last “unalienable right” — “the pursuit of happiness” — is turning many Americans into nail-biting worrywarts.

Anxiety And The American Dream – (WBEZ)

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Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

Limitations on RCM Quintile + Star Rankings

The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.

See the full terms of use and risk disclaimer here.

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

The programs listed here are a sub-set of the full list of programs able to be accessed by subscribing to the database and reflect programs we currently work with and/or are more familiar with.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history. Individuals cannot invest in the index itself, and actual rates of return may be significantly different and more volatile than those of the index.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

Limitations on RCM Quintile + Star Rankings

The Quintile Rankings and RCM Star Rankings shown here are provided for informational purposes only. RCM does not guarantee the accuracy, timeliness or completeness of this information. The ranking methodology is proprietary and the results have not been audited or verified by an independent third party. Some CTAs may employ trading programs or strategies that are riskier than others. CTAs may manage customer accounts differently than their model results shown or make different trades in actual customer accounts versus their own accounts. Different CTAs are subject to different market conditions and risks that can significantly impact actual results. RCM and its affiliates receive compensation from some of the rated CTAs. Investors should perform their own due diligence before investing with any CTA. This ranking information should not be the sole basis for any investment decision.

See the full terms of use and risk disclaimer here.

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