Like you, I am suspect of the gurus crawling all over YouTube talking about trade set-ups, coming nefariously close to guaranteeing a certain level of returns on your trade accounts, showing their trading screens, or trying to sell “free training.” How do you increase the chances that you are dealing with a reputable advisor? If … Continue reading What is a commodity trading advisor?
July 09, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission’s Division of Enforcement today issued an advisory to provide guidance describing its plan to address criminally liable regulatory offenses in accordance with Executive Order 14294, Fighting Overcriminalization in Federal Regulations. The advisory announces the framework to be followed when DOE, as the CFTC division responsible for … Continue reading CFTC Issues Advisory on Referrals for Potential Criminal Enforcement
May 08, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission today announced it filed a complaint in the U.S. District Court for the Northern District of New York against Dean S. Dellas of Syracuse, New York, and his investment advisory company, DSD Capital Management, LLC, for fraud and misappropriation. In its complaint, the CFTC seeks restitution, disgorgement of ill-gotten gains, … Continue reading CFTC Charges Syracuse, N.Y., Man, His Firm with Fraud, Misappropriation
Scammers are on the prowl … As more individuals explore the idea of trading for themselves, the high fail rate for retail traders is compounded by the number of scam artists seeking to take advantage of novice and savvy traders alike. The following is an excerpt from an article published by the Commodity Futures Trading … Continue reading Binary options trading: How to spot the scammer.
What are perpetual futures. The Commodity Futures Exchange Commission is seeking comments regarding the use of perpetual contracts in derivatives markets. Perpetual futures are derivative contracts without an expiration date. A derivative is a financial contract whose value is dependent on an underlying asset. A derivative can be sold over-the-counter or on an exchange. The … Continue reading Perpetual futures in derivatives market appear novel to CFTC …
What the data is telling me … At 8:33 am today, I saw further slight strengthening in the US dollar against the euro and the yen. Data from Reuters evidenced declines from yesterday in the yields of ten-year bonds out of the United States, United Kingdom, Australia, Germany, and Japan. These declines told me that … Continue reading Is a recession around the corner?
We are in a do-it-yourself world. More people will be interested in managing their own wealth which will include trading on their own. The middleman brokers will have to shift to providing insights versus mechanical services like opening accounts and creating churn by offering new products. I have grown suspect of the narrative that middlemen … Continue reading Trading: How to cut out the noise in a DIY world.
The asset holder views a good economy as one where she has the ability to bring good collateral to a prime broker, borrow at a prime rate, and spend the borrowed money on stuff while keeping hope alive that the value of the collateral she brings to the bank or the exchange survives a margin … Continue reading Is it time to stop listening to government messaging on the economy?
As the dust settles from the 2024 presidential election and yesterday’s Federal Reserve 25-basis point cut in the federal funds rate, I have been thinking about how the Democratic Party missed the opportunity to win votes based on how many Americans view the economy. According to data compiled by Pew Research, in September 2024, 81% … Continue reading Redefining the term, “economy.”
Lawyers Write the Bets. Bankers Sell the Bets. 