Here is what happened on Turtle Soup the trading week ending 02/04/2011:
Bad Bank List Increases To 949 Institutions - Just in case you thought regulators were not still keeping a watchful eye on the banks... they are.
Episcopal Pastor Accused of Forex Ponzi Scheme By CFTC Is Arrested - Thou shalt not steal or the CFTC will pass judgement on you.
ORC Trading Announces FIX-based API Connectivity to Solid FX - Orc’s specialized product for ultra-low latency, high-frequency arbitrage and spread trading.
Is The ADP Jobs Report A Reliable Predictor Of Non Farm Payroll Numbers? - Does Wednesday's ADP report foretell NFP on Friday?
This was a busy day!
NFA & CFTC Secretly Investigate 16 Forex Brokers - Looks like FXCM, GAIN Capital, and Ikon Global Markets may be in a little bit of trouble.
SEC Sues Stock Spammers - If you spam the SEC will getcha!
Audio Interview With Forex International Trading Corp. - Darren Dunckel talks about how FITC is using affiliates to market their trading platform.
CFTC Orders Crossfire Trading To Pay $84 Million - The CFTC announced that it obtained more than $84 million in disgorgement and civil monetary penalties in a federal summary judgment order against defendants Charles E. Hays and his company, Crossfire Trading, LLC (Crossfire), both of Rosemount, Minnesota.
Hope to see you next week. Happy trading!