Ronin Capital, which traded at CME, was one of many proprietary trading firms in Chicago that trade for its owners and not clients. To conceal the companys poor performance, its principals used investors own money (rather than actual cash flow) to fund annual distributions, used straw purchasers to create nonexistent sales of certain residential units, and inflated the companys performance by improperly recognizing certain revenues in violation of Generally Accepted Accounting Principles, according to the Bureaus findings. Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. The position of the CEO is occupied by John S. Stafford. JOHN STAFFORD III; Registry Page https://bizfileonline.sos.ca.gov/sear. NRIA claimed the fund involved the opportunistic purchase of land or property at below-market value prices, which would then be developed for sale at a large profit. Stafford Trading was acquired by TD Options in 2001. Mr. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); Subscribe to Receive JJC Proposed Rules Email Notifications, STATE OF NEW JERSEY | DEPARTMENT OF LAW & PUBLIC SAFETY, Feedback form for NJRC Inquiries/Feedback and Account Wagering, AGs Office Investigating Shooting at NJ Turnpikes Clara Barton Service Area, Update: Attorney Generals Office Releases Video Footage from Death of Man who Collapsed while Being Pursued on Foot By Newark Police, NJ Office of the Secretary of Higher Education and the Division on Civil Rights Release a Resource Guide for Postsecondary Institutions on Campus Responses to Bias, Division on Civil Rights Takes Enforcement Action against Housing Providers for Non-Compliance with the Fair Chance in Housing Act, Grand Jury Declines to File Charges in Police-Involved Shooting that Killed Hillsborough Man on September 28, 2021. Its the very kind of conduct that undermines public confidence in our financial institutions and ultimately in investing, said Acting Bureau of Securities Director Amy G. Kopleton. Ronin's space on the second floor at its River North home includes high-end finishes such as a smooth stone conference room table and stylish pillars reminiscent of tree trunks. These respondents offered investors a securities opportunity that sounded too good to be true, and it was.. YOUR BUSINESS. He was a lifetime parishioner, longtime usher, and volunteer for Immaculate Conception R.C. Its headquarters is located at Chicago, Illinois, USA. Remember Or log in with Google Twitter Facebook Apple Sign up The majority owner of Ronin Capital is Zen Holdings, LLC. The trading firm, which traded at CME, was "unable to meet its capital requirements." . Legendary Ronin Capital Disappears (UPDATED), Thomson Reuters publishes Quantifying the Transformation, Robinhoods Trailing Stop Orders: Extreme Profitability, By Design, Deconstructing Citadel Securities: Overview and Expanded Executive Summary Available for Download, Shape Shifter: US Retail Investor Behavior, Virtus Option Market Making: The Record Year That Wasnt, Alphacution Press: NYT on Sam Bankman-Fried and Jane Street, About Virtus Record Year in Options Market Making. John S. Stafford, III is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. 1-877-812-1590. Working as a Team . Ronin, owned by John Stafford III and his father, John Stafford Jr . The company currently specializes in the Financial Services area. It is critical that investors Check Before You Invest. Investors can obtain information, including the registration status and disciplinary history, of any financial professional doing business in or from New Jersey, by contacting the Bureau toll-free within New Jersey at 1-866-I-INVEST (1-866-446-8378) or from outside New Jersey at 973-504-3600, or by visiting the Bureaus website (http://www.njsecurities.gov/). Such swings can generate big gains for trading firms or crush them if they're on the wrong side of a big bet. Ronin is an avid golfer, with a reported 8 handicap, who has participated in the Pebble Beach Pro-Am. CANCELLATION view. Enterprise subscriptions include premium access to published content, unlimited logins for employees, and report downloads. References
Advanced search Log in Forgot password ? RONIN CAPITAL, LLC is an Oregon Foreign Limited-Liability Company filed on October 30, 2003. Great grandfather of Steven, Anthony, Juliana, Annabelle, Aubrey, Ryan and Carly. Ronin Capital Chooses SR Labs Low Latency Market Data Feed Handlers, CME Group announces auction of clearing firm Ronin Capital's portfolios, http://www.marketswiki.com/wiki/index.php?title=Ronin_Capital&oldid=219346, Proprietary trading operations, brokerage services. The firm moved to 350 N. Orleans in 2010, expanding from about 43,000 square feet in the Federal Reserve building at 230 S. LaSalle St. Ronin had as much as $21 billion of trading assets in 2018but fell hard earlier this year as the onset of the COVID-19 pandemic triggered wild stock market volatility. This use of repurchase transactions to create leverage significantly increased the risk of the junk commercial mortgage-backed securities portfolio to the NRIA Fund investors, but the risk was never disclosed to them. 6 Jul 2020. This site is provided as a service of SCI Shared Resources, LLC. Church here in town. Mr. Stafford is also on the board of Aware, Inc. (Massachusetts) (former Chairman), Clinical Micro Sensors, Inc., Zipwhip, Inc. and ALTR Solutions, Inc. and Member of Cboe Exchange, Inc. (Illinois) and Member of Chicago Board of Trade. Do Not Sell or Share My Personal Information. Leave a memory or share a photo or video below to show your support. Additional sources said Ronin's problems stemmed from positions in futures tied to the CBOE Volatility Index (VIX)." 2022 Capital Staffing Solutions, Inc. | Phone: (800) 205-4923. [8]
2,357,649 shares are held in a Class C Capital Account of John S. Stafford, III at Ronin Capital, LLC ("Ronin Capital"), a limited liability company owned and managed by Mr. Stafford. Cease & Desist Order. A Mass of Christian Burial will occur Saturday at 9:30 AM at . 130 E. Randolph St. Blackstone, and 3G Capital. [1] [2] Background [ edit] Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. The imposter entities and websites were aimed at reducing the chance that internet searches would reveal that NRIA Fund principals Salzano and Scutaro had previously been cited by the Federal Trade Commission (FTC) for engaging in consumer fraud as principals of a company known as NorVergence. Key Principal: John S Stafford See more contacts Industry: Security brokers and dealers. Loving grandfather of Alexis & Johnna Mason, the late Christopher Bann, Joseph Franks, Danielle Martinez and Tiffany Franks. A story not well known outside of Chicago prop trading circles, John S. Stafford, Jr. - the founder of what eventually became known as Ronin Capital in late 2001 - rose to prominence on the floor of the Chicago Board Options Exchange (CBOE) in the 80's and early 90's. A visitation for Jack will be held Monday January 23, 2023, from 4 to 8 PM at Mack Memorial Home, 1245 Paterson Plank Road, Secaucus, NJ 07094. Recent filings for RONIN CAPITAL, LLC. Board of Directors. [3], Ronin is owned by John Stafford III and his father, John Stafford Jr. John A. Niznik, age 56, of Secaucus, New Jersey passed away suddenly on Monday, January 16th, 2023. Beloved husband of Betty Mason (nee Hart) for 67 years. Ronin Capital is a private company that has been in the industry for 22 years. Education
All rights reserved. The action weve taken today is meant to halt their dishonest, predatory conduct once and for all., The conduct outlined in todays filing is egregious. Loving uncle to many nieces, nephews, great nieces, great nephews, great-great nieces and great-great nephews. A Mass of Christian Burial will occur Saturday at 9:30 AM at Immaculate Conception R. C. Church, 1245 Paterson Plank Rd., Secaucus, NJ thence to Holy Cross Cemetery, North Arlington for his Committal Service. Ronin is owned by John Stafford III and his father, John Stafford Jr. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Facebook owner Meta increases Zuckerberg's security allowance by $4 million. John was the current (as well as past) Grand Knight of the Knights of Columbus Council 12769. These respondents lured investors in New Jersey and across the nation with empty promises and, in some cases, went to great lengths to conceal their own fraudulent conduct. [1][2] Background Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. The Bureau found that NRIA also leveraged the junk bonds through repurchase agreements with financial institutions. Jack was a Pressman for the Star-Ledger in Newark (later Montville) for close to 50 years before retiring. He was an avid fan of the Miami Dolphins and the New York Yankees. He is a strategic advisor to OCA Ventures. ). John S. Stafford, III is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. John S. Stafford III serves as Independent Director of the Company.
He was a veteran of the United States Army, a member of the Knights of Columbus, American Legion, The Catholic War . The readiness is all." As of Aug. 25, the amount of sublease space on the market had risen by almost 33 percent since the beginning of April and 55 percent since the beginning of the year to 4.3 million square feet, according to brokerage CBRE. 27. The company was involved in proprietary trading operations and venture capital investments. Sign up for service and obituary updates. Why Chicago's wealthy are into this little hedge fund. The principals also hired family-owned or controlled companies, including a construction firm where Salzanos son was the Chief Financial Officer, and companies owned by Grabatos relatives that were used to create imposter entities and websites. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. OUR PRIORITY. If it be now, tis not to come, if it be not to come, it will be now; if it be not now, yet it will come. Ronin Capital serves customers worldwide. Ronin Capital Location River North Point 350 N Orleans St, Chicago, Illinois, 60654, United States Description Industry Finance General Finance It was a proprietary trading firm that traded only for its owners and not for clients.[4]. What will happen to Invest South/West, LaSalle Street revival without Lightfoot? RONIN CAPITAL, LLC CRD# 118428 SEC# 8-53655 Main Office Location 350 N. ORLEANS STREET SUITE 2N CHICAGO, IL 60654 Mailing Address 350 N. ORLEANS STREET SUITE 2N . 15 Jul 2020. The company was involved in proprietary trading . E-mail oureditor Stafford Trading was acquired by TD Options in 2001.[3]. STAFFORD, JOHN SPRINGS III CHIEF EXECUTIVE OFFICER 10% but less than 25% Individual 10/2001 Yes 2366359 Is this a domestic or foreign John is pre-deceased by his parents, John & Marie Mason (nee Strain). Additional sources said Ronins problems stemmed from positions in futures tied to theCBOE Volatility Index (VIX)." Rego et al. BusinessWeek. Company Number 200426810387 Status Terminated Incorporation Date 23 September 2004 (over 18 years ago) Dissolution Date 15 July 2020 . Xencor website. The Bureau of Securities is charged with protecting investors from investment fraud and regulating the securities industry in New Jersey. The move forced the exchange to step in and invoke its emergency protocols to auction off the portfolios. Ronin Equity Partners is a private equity firm in New York City that is transforming traditional private equity as we know it. This page was last edited on 23 March 2020, at 19:11. SI-NO CHANGE view. Let others know about your loved one's death. Trading firms are required by the exchange to make payments to back up their positions. John Stafford III couldn't be reached.Crain's senior reporter Lynne Marek contributed. Ronin Capital is a registered broker/dealer with proprietary trading operations in markets such as; equity securities, government bonds, corporate bonds and related derivatives on global exchanges and in electronic markets. No thanks. River North Point 350 N Orleans St, Chicago, Illinois, 60654, United States 180 $46.2 M Finance, Lending & Brokerage Get Full Profile Access Leave a memory or share a photo or video below to show your support. Overview. John S. Stafford, III is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. Click here to get the full experience on your screen. Jack was a Pressman for the Star-Ledger in Newark (later Montville) for close to 50 years before retiring. and organizational developments. But the company, founded by veteran options trader John Stafford Jr. and his son, John Stafford III, still has at least one long-term commitment to deal with: A 72,000-square-foot lease at 350 N. Orleans St. that runs through June 2028. A visitation for John will be held Friday January 20, 2023, from 4 to 8 PM at Mack Memorial Home, 1245 Paterson Plank Road, Secaucus, NJ 07094. If you opt in above we use this information to send related content. v. Ronin Capital, LLC et al 1:2022cv01129 | US District Court for the Southern District of New York | Justia Other Statutes: Arbitration case filed on February 9, 2022 in the New York Southern District Court Log InSign Up Find a Lawyer Ask a Lawyer Research the Law Law Schools Laws & Regs Newsletters Background
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