PFGBest Peregrine Financial, Russell Wasendorf Sr and Gary Gensler

In this fiery episode of The Traders Podcast, your host, Rob Booker, “solo-casts” about PFGBest’s Peregrine Financial Group Inc. and its founder, Russell Wasendorf Sr., who was found to have absconded with $215 million, over a 20+ period of time, which somehow flew beneath the radar of the National Futures Association (the NFA) and the U.S. Commodity Futures Trading Commission (the CFTC).
Rob also describes how an honest person might be tempted to become a dishonest person — and he illustrates this description with an analogy about a baseball player trying to aspire to the big leagues.

Also, Rob publicly calls out Gary Gensler, the CFTC chairman, asks him to step down and suggests that a class action lawsuit brought against him. Tune in to hear why! All of this and more, so buckle up!

Listen this podcast by clicking on the play image below:

Player Rob Booker

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