Tag Archives: investments

Sugar Land day trader accused of targeting his own community in investment scheme

According to Erin Mulvaney, A Sugar Land day trader was charged Tuesday with defrauding his Houston-area clients in a high-frequency investment scheme, officials said. The Securities and Exchange Commission alleges that Firas Hamdan provided falsified brokerage records that drastically overstated assets and hid his … Continue reading

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High Correlation Causing Headaches for Mutual Fund Managers

According to John Melloy, Fast Money Executive Producer, CNBC.com on The Christian Science Monitor, the correlation of moves in individual stocks and the S&P 500 index is at a record, making the job of long-only mutual fund managers to differentiate … Continue reading

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