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I thought I would write up this very quick summary of what’s going on with the My Forex Funds case. I’ve been closely following the case and adding any significant (and some not so significant) updates to my Twitter account, if you want the most up-to-date info. Upcoming hearing – September 19 These things keep…

For most of Wall Street’s history, proprietary trading was the realm of Ivy Leaguers on the trading desks of the big banks. But the big banks blew it in a big way, causing the 2008 financial crisis and their prop trading desks were regulated out of existence.  Now, a new type of prop trading firm…