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Introduction
In March 2024, we documented that Aegis Capital was systematically underwriting spectacularly failing nano-cap stocks. We concluded that investors, including many Aegis' retail customers, suffered $3.0 billion to $5 billion in losses in recent years as a result of Aegis' conduct. You can read that post, Aegis Capital is Farm-to-Table Securities Fraud Purveyor, Harming...
Last March, we posted four short articles on auto-callable structured products.
In Autocallables 2024 (March 25, 2024) we noted that $122 billion of auto-callable structured products had been sold in the prior 4 years, mostly issued by UBS, Goldman Sachs, JP Morgan, Citigroup and Morgan Stanley. You can read that post here.
In Autocallables 2024 Part II: Lucid-linked Notes (March 26, 2024) we illustrated features of autocallables using five notes...
