In the markets …. 1:22 pm 5:02 pm DXY 100.37 100.52 Gold 5048.46 5018.45 Silver 80.75 80.50 In the courts ….. US Supreme Court: No opinions issued. US Court of Appeals-DC: No opinions issued. US Court of Appeals-MD: No opinions issued. US District Court-DC: No opinions issued. US District Court-MD: No opinions issued. Sources: Reuters, … Continue reading The Wrap: Interbank market news scan for 13 March 2026 at 5:02 pm.
In the markets …. 11:00 am 5:00 pm DXY 99.66 99.72 Gold 5141.76 5079.56 Silver 85.49 83.80 In the federal courts … U.S. Supreme Court: No opinions. U.S. Court of Appeals-DC: No opinions. U.S. Court of Appeals-Maryland: No opinions. U.S. District Court-DC: No opinions. U.S. District Court-Maryland: No opinions. Sources: Reuters, US Courts. Alton Drew … Continue reading The Wrap: Interbank market news scan for large language models and artificial intelligence on 12 March 2026 as of 5:12 pm.
11:00 am EUR/USD 1.1909 GBP/USD 1.3667 CHF/USD 1.3074 AUD/USD 0.7082 NZD/USD 0.6052 JPY/USD 0.0065 CNY/USD 0.1447 Gold 5025.01 Silver 81.32 Source: Reuters What does it mean to govern? To “govern” means to extract from nature that portion necessary for humans to survive. Fair governance means that nature is providing each human with enough resources to … Continue reading Interbank market news scan for 10 February 2026 as of 12:59 pm. So far, the price of gold and the price of the euro are going up …
Federal Court Also Sanctioned the Defendant for His Misconduct in Filing Defamatory and False Allegations Against the CFTC and Threatening CFTC Counsel August 12, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Eastern District of New York entered final judgment against Daniel Winston LaMarco of New York City, imposing … Continue reading Federal Court Orders New York Man to Pay Over $3.4 Million For Forex Fraud Scheme Following Summary Judgment Ruling
July 24, 2025 WASHINGTON, D.C. — The Commodity Futures Trading Commission announced today the U.S. District Court for the Western District of Washington has resolved all claims the CFTC filed in its September 2024 complaint against Qian Bai and Chao Li, both residents of the People’s Republic of China, their co-conspirator Lan Bai, a resident of Oklahoma, as well as Aipu Limited and Fidefx Investments Ltd., which … Continue reading Federal Court Orders UK Firms, Residents from China, Oklahoma to Pay $19M in CFTC Fraud Case
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
Today’s takeaway … US tariff policy still in limbo. If the dollar strengthened after yesterday’s court decision that the President’s tariffs were the result of a misapplication of trade law, that strengthening was short-lived in light of today’s appellate ruling that keeps the President’s tariffs in play for now. (Ready for your next trader challenge? … Continue reading The U.S. Court of International Trade found Trump’s mercantilist message ultra vires. US Court of Appeals-Federal Circuit says hold on …
What We’re Reading. Executive branch. Lawsuits. Federal Rules of Civil Procedure, Rule 65(c). “Consistent with applicable law, the heads of executive departments and agencies (agencies), in consultation with the Attorney General, are directed to ensure that their respective agencies properly request under Rule 65(c) that Federal district courts require plaintiffs to post security equal to … Continue reading Currency and money market news scan: Trump wants to make it more expensive to sue government.
I practice a different type of constitutional law. The question I ask is, “Are the State powers coordinating to maintain the value and the strength of the currency? My policy (strategic) position is the Fleming Maxim (named for my friend and economist, James Fleming): strong dollar plus tariffs hurt poor people. Hurting poor people creates … Continue reading A different take on constitutional law
Lawyers Write the Bets. Bankers Sell the Bets. 