by Ed Blount | Oct 24, 2021 | All, Commentary, Cross-Post
We’ve all been there, having drinks after work with an important client visiting from overseas. My most memorable time was at the very beginning of my career on Wall Street. The client was a trader from the South African branch of Jos. Sebag & Co., a London firm...
by Ed Blount | Sep 24, 2021 | All, Cross-Post, Formal Regulatory Remedies
Paris, September 24, 2021 – The next shoe has fallen in reaction to the January 2021 GameStop short squeeze, by which certain online brokers interpreted clearinghouse rules to necessitate the suspension of their retail customers’ ability to buy “meme...
by Ed Blount | Aug 19, 2021 | All, Commentary, Cross-Post
Master Criminals don’t usually confess in public. If prosecutors’ charges are true, Sanjay Shah is the leading figure in the largest reported tax swindle in history. Yet, Mr. Shah, unbowed, pleading his case to reporters, has openly admitted to borrowing the public...
by Ed Blount | Aug 11, 2021 | All, Commentary, Cross-Post
The German Federal Court of Justice’s decision two weeks ago to prosecute as criminals anyone who abused dividend arbitrage trades anytime over the previous 25 years is bad news for everyone in the securities lending community. The German tax authorities’...
by Ed Blount | Jul 19, 2021 | All, Commentary, Cross-Post, Lender Directed Voting
Good morning, this is Ed Blount and I am speaking to you from the Center for the Study of Financial Market Evolution here in Washington, D.C. I’ve been asked by my good friends at the Risk Management Association, RMA, just up the road in Philadelphia, to offer...
