Breaking News

Tag Archives: John Lothian

John Lothian News Announces Promotions Blog,Feature,Mwiki

Sarah Rudolph

John J. Lothian & Company, Inc. is pleased to announce the following promotions in its John Lothian News division: Sarah Rudolph has been promoted to Head of Editorial Operations in addition to her role as John Lothian News Managing Editor. Spencer Doar has been promoted to Editor from Associate Editor. Jeff Bergstrom, CIO of John J. Lothian & Company, Inc., has added Editor of CryptoMarkets to his list of responsibilities.   Mike Forrester has been promoted to Producer from Video Editor. Former CEO and Editor in Chief Jim Kharouf, now a freelancer to JLN, has been named JLN Contributing Global…

New CryptoMarketsWiki.com Site Planned by John Lothian Blog,Commentary,Mwiki,ReformWiki

John Lothian, the publisher of the John Lothian Newsletter and founder of MarketsWiki, today announced a new microwiki website, CryptoMarketsWiki (CMW), is in development in the burgeoning crypto markets area to launch late in the second quarter of 2018. The aim of CMW will be to educate and inform the public, traders, investors, industry professionals, government employees, the media and others interested in cryptomarkets, fintech, and related regtech subjects. “The crypto markets have grabbed the public’s attention, but there is a great deal of self-serving, promotional information that is being passed off as educational, and the investing public needs an…

Don’t Blink, The Markets Are Changing Right In Front of Your Eyes Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,Mwiki

Eighteen Years Later, Another Inflection Point Eighteen years after the start of this newsletter, the markets and its participants face new challenges that make reading JLN today even more important, relevant and necessary to keep abreast of the latest disruptive challenges. Today we find ourselves at an inflection point in the markets, with a new generation of digital natives discovering whole new opportunities in the markets, billions of dollars pouring into potentially disintermediating fintech and intense global interest in all things fintech and crypto. Back in 2000, when this newsletter was first published, the markets were facing the move from…

A Grateful Scouter with a Big Silvery Beaver-Like Smile Blog,Giving News

I was informed late last night that I am to be recognized for my contributions to Scouting with a Silver Beaver Award on behalf of Pathway to Adventure Council of the Boy Scouts of America. The Silver Beaver Award recognizes “registered Scouters of exceptional character who have provided distinguished service within a council.” I am honored to be recognized for my work on behalf of the Scouts, but this award is as much about you, the readers of this newsletter, and my creative and persistent use of the goodwill that you have showered on me for my work here. I…

Putting on My Broker Hat About Bitcoin Blog,Commentary,Fintech,Mwiki,Regulation,Tech / HFT

Everyone is asking about bitcoin. A journalist called and asked to interview me. A magazine called and asked me to write something. A brokerage firm chief risk manager called to ask me my opinion about bitcoin and bitcoin futures. Two weeks ago, a former employer I have not seen in 10 years called me out in Coindesk.com for my bitcoin qualms. At the dinner table my son Robby opened up about owning not just bitcoin, but bitcoin cash, ether and monero. This is a full-fledged mania. As I was driving home last night and thinking about bitcoin (as opposed to…

Jim Kharouf Resigns as CEO of John J. Lothian & Company, Inc.; Will Continue Work with Company in Freelance Role Blog,Feature,MarketsWiki Education,Mwiki

Jim Kharouf

Jim Kharouf is stepping down as CEO of John J. Lothian & Company, Inc. at the end of the year after having assumed the role on January 1, 2017. Kharouf is leaving the company as an employee, but will continue to work with John Lothian News and John Lothian Productions as an independent contributor. He will also be exploring his own bespoke initiatives, including in the Fintech sector. Despite accomplishing much during his tenure at the company and as CEO, Kharouf is departing after philosophical differences with Executive Chairman John Lothian over the direction of the firm and management issues….

Financial Markets Leaders Remember the late Magnus Bocker Asia/Pacific,Blog,Commentary,EMEA,Exchanges, OTC & Clearing,Feature,Fintech,Mwiki

I asked several leaders around the exchange world to offer remembrances of Magnus Bocker, the late former CEO of SGX. To start, I shall offer my own and add additional remembrances as they come in. I first met Magnus Bocker at a Deutsche Bank investment banking financial technology conference in New York where I had been asked to moderate an exchange leader panel. Magnus was then president of Nasdaq OMX. Also on the panel was Larry Leibowitz representing NYSE Euronext. Magnus was always gracious with me. He was likable, always smiling, whip-smart and well-dressed. In fact one year at the…

Jim Kharouf Made a Strong Statement Blog,Commentary,MWEd,Mwiki

Jim Kharouf

FOW-JLN Event Showed His Impact on Program Jim Kharouf made a strong statement with his design, leadership and execution of the FOW-JLN Trading Chicago event on June 28th in collaboration with the FOW team and I hope the industry took notice. The event drew 210 people to talk about the key issues facing money managers, traders, exchanges, clearinghouses, brokers, vendors and the industry. What was special about the co-sponsored event was that the program used many of the items in our toolbox to deliver an interesting, educational, lively and real event. With much help and support from FOW, we featured…

Correction: NFA and FINRA Do Recognize Other Regulator’s Bans Americas,Blog,Commentary,Investing & Trading,Mwiki,Regulation,Regulation & Enforcement

John Lothian

It turns out that the NFA and FINRA do jointly recognize the bans of other regulators already. In the specific case I mentioned, that of Jon Corzine, he would register if necessary with the SEC. Whether the SEC will recognize the ban of another regulator is a question I am still awaiting an answer. There is a loophole that was expanded by Dodd-Frank that allows hedge funds with less than $150 million to not have to register with the SEC. Tom Sexton of the NFA responded to my inquiry by saying: With regard to your column last week, you should…