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Jacob Wohl "Teen Hedge Fund Guru" Gets Lifetime Ban From NFA"
The Jacob Wohl odyssey has come to an end, at least in the eyes of the National Futures Association (NFA). The Chicago-based derivatives industry self-regulator, operating under authority granted by the Commodity Futures Trading Commission, announced a panel on Thursday ruled that Wohl and his firm, Nex Capital, were permanently barred from NFA membership. With few exceptions, this ban prohibits Wohl from engaging in futures-related activity with customers that requires NFA membership, such as managing customer accounts. Wohl first caught ... Full investment news article
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Hedge Funds Wrong-Footed By Talk Of Trump Biofuel Shake-Up
The ag rally spurred by rumours of US biofuel reforms followed the biggest sell-down by hedge funds in months. And more buying could be on the way Full investment news article