The SIPA

Breaking News: For Immediate Release  GOVERNMENT CONSIDERING LEGISLATION TO BAN ALL SELLING OF STOCKS UNTIL FURTHER NOTICE:  The Federal government has announced plans to prohibit individuals and institutions from selling their stock until further notice.  “This ban on selling stocks and only allowing buy orders should result in a higher stock market by years end” [...]

In the midst of perhaps the greatest collapse in Wall Street history, FINRA is hard at work not protecting American Investors across the country, but instead is working behind the scenes to once again consolidate even more power away from small firms and place it in the hands of a few.  The SEC is currently [...]

Mary Shapiro, CEO of the FINRA, had this to say in a communication to Broker Dealers, in response to recent market events: “As you know, FINRA’s primary responsibilities are regulating broker-dealers and the broker-dealer subsidiary of any newly formed bank holding companies, as well as protecting customer accounts. We do not have jurisdiction over the [...]

Wall Street’s Fed Addiction The recent events on Wall Street prove once again that the Fed is nothing more then an enabler to Wall Streets addiction for constant intervention.  This ‘business as usual’ attitude is a risky and reckless bet that has not worked and in my humble opinion will not work anytime soon.  Lets [...]

The full danger of Reactionary Regulation is unknown. While we may, in the US, see a proliferation of smaller firms that step up to fill the void in capital formation – and with this a downscaling of the project financing and credit in general, as the process becomes, for small scale projects at least, increasingly local [...]

In the aftermath of Enron came SarBox,  arguably the most destructive regulatory reform to hit capital formation in a generation. Post 911 we saw an emotional Congress rush to judgement. Who can calculate the half life of the damage done both domestically and abroad by this rush to judgement? And now, we’ve got a bill that’s [...]

Now is the time to act if you’re a Brokerage firm or Financial professional in America. We would like to hear your thoughts and opinions and present them to the House Banking Committee. Wall Street’s elite firms have run aground and now the Federal Government wants to bail them out. For many years, many have [...]

There’s no place like home… Truly the unimaginable has happened. The Fed has spent a trillion dollars in bailouts in the last week alone, and wall streets’ Wizards decisionmaking has been exposed as bankrupt and full of artifice,  and the old regulatory matrix may be headed the way of the dodo. But what does this mean to [...]

Today is a very sad day on Wall Street. Lehman Brothers (LEH) has declared Bankruptcy and Merrill Lynch ( MER) has been bailed out in a fire sale to Bank of America. Two of the most well known names in Wall Street history have flamed out within a matter of moments and American investors have been shaken to their core. How could this all happen so quickly and how in the world did these two titans of Wall Street get into this mess to begin with

The Demise of Wall Street's elite firms could reshape Regulation. The sudden and shocking demise of the Wall Street elite has left an industry in shambles and the American investor in jitters. The collapse of the largest names on Wall Street is being felt all across the world and has caused the Political landscape to suddenly pay more attention to the Economy and less attention to Governor Palin's "my space page". President Bush cancelled his fund raising campaign drive and Barrack Obama is already running commercials blaming the Republicans, while lost in all this is John McCain's suggestion that "Chairman Cox should be fired for betraying the public trust and falling asleep at the wheel"