PAC Drops Endorsement of Rep. Joe Barton Due to his Surprise Support for Amnesty

"Rep. Joe Barton is playing the Republican trickster game where he says he wants to give illegal aliens a form of legal status but not citizenship and voting rights," said William Gheen President of ALIPAC.

Raleigh, NC, USA (April 28, 2014) -- Contact: Americans for Legal Immigration PAC (ALIPAC) Press@alipac.us / (866) 703-0864

Surprised by Congressman Joe Barton (R-TX) (202-225-2002) announcement last Friday in the Dallas Morning news that he now supports a path to legalization, through a new guest worker program that would remove current penalties of law for millions of illegal immigration, ALIPAC is dropping the national organization's standing endorsement of his campaign and adding him to the list of GOP lawmakers that support amnesty for illegal immigrants instead.

Changing America's existing immigration laws which are designed to deter illegal immigration in order to accommodate tens of millions of illegal immigrants is a form of amnesty. Furthermore, illegal immigrants that are accommodated will one day vote against any candidate that supports borders and equitable laws in America!

"Rep. Joe Barton is playing the Republican trickster game where he says he wants to give illegal aliens a form of legal status but not citizenship and voting rights," said William Gheen President of ALIPAC. "You do not have to be a legal scholar or a lawyer to know the courts will quickly strike down any attempt of Congress to create a second class version of citizenship. Joe Barton's illegal immigrants would eventually be given voting rights by the courts thus destroying any future hopes for border or immigration law enforcement. His promises of border security are bitter lies that will never come to fruition if the amnesty portion of his expected bill ever becomes law!"

Many Republican lawmakers have recently been added to the 'GOP Traitor' list due to their efforts to help Barack Obama change existing laws to accommodate tens of millions of illegal immigrants with a form of amnesty called 'immigration reform'. GOP lawmakers refuse to use the word amnesty to describe their actions because they are quite aware that more than 80% of Republican voters reject amnesty because they know such actions will only lead to more illegal immigration in the future.

In 1987, Congress passed the Simpson-Mazzolie Act which granted amnesty for approximately 3 million illegal aliens. Almost all of the enforcement promises of the bill were never adequately implemented. This resulted in the current 12-20 million illegal immigrants in America.

"Using the lessons learned and mathematics established by the 1987 amnesty for illegals, we can estimate that any new form of amnesty, legalization, guest worker visa, etc... will result in more than 40 million new illegal immigrants entering America in the next two decades!" said William Gheen.

ALIPAC has dropped all support for Representative Joe Barton which had been originally based on his high rankings and grades with NumbersUSA. ALIPAC is now seeking another candidate to run replace Joe Barton who has betrayed a majority of his constituents by supporting the interests of the costly and deadly illegal immigrant invasion of America over American taxpayers.

For more information about which federal candidates support or oppose amnesty for illegal immigrants, please review our standing endorsements (CLICK HERE) or visit http://www.ALIPAC.us.

High-frequency Trading in Equities Explained at The Speed Traders Workshop with Edgar Perez

Edgar Perez, former McKinsey and IBM consultant, is a global expert, author of The Speed Traders, Knightmare on Wall Street, and the course director of The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools", in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai.

New York, NY, USA (April 28, 2014) -- As of 2009, some studies suggested HFT firms accounted for 60-73% of all US equity trading volume, with that number falling to approximately 50% in 2012. High-frequency traders move in and out of short-term positions aiming to capture sometimes just a fraction of a cent in profit on every trade. HFT firms do not employ significant leverage, accumulate positions or hold their portfolios overnight. As a result, HFT has a potential Sharpe ratio (a measure of risk and reward) thousands of times higher than traditional buy-and-hold strategies. High-frequency traders typically compete against other HFTs, rather than long-term investors. HFT firms make up the low margins with incredible high volumes of transactions, frequently numbering in the millions.

HFT may cause new types of serious risks and dangers to the financial system. Algorithmic and HFT were both found to have contributed to volatility in the May 6, 2010 Flash Crash, when high-frequency liquidity providers rapidly withdrew from the market. Several European countries have proposed curtailing or banning HFT due to concerns about volatility. Other complaints against HFT include the argument that some HFT firms scrape profits from investors when index funds rebalance their portfolios. Whether that indeed is the case will be explained by author Edgar Perez at The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools" (http://www.thespeedtradersworkshop.com).

The Speed Traders Workshop is the first and most comprehensive initiation to the world of high-frequency trading., opens the door to the secretive world of computerized low-latency trading, the most controversial form of investing today; in the name of protecting the algorithms they have spent so much time perfecting, speed traders almost never talk to the press and try to disclose as little as possible about how they operate. Further information about this workshop can be found at here.

The Speed Traders Workshop, to be held in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai, covers the latest research currently available and reveals how high-frequency trading players are operating in global markets and driving the development of electronic trading at breakneck speeds from the U.S. and Europe to Japan, India, and Brazil. The "flash crash", the suspended BATS IPO, the botched Facebook IPO, Knight Capital's trading malfunction and NASDAQ's Flash Freeze are just a few of the milestones in the history of high-frequency trading that will be dissected with participants.

Knightmare on Wall Street, the fascinating story of Knight Capital put together by course director Edgar Perez, was the most favorably reviewed Kindle edition book on Amazon in 2013, with an average rating of 5 out of five stars. Knight Capital, founded by Kenneth Pasternak and Walter Raquet in 1995, had seen its fortunes change as U.S. regulators made a series of changes in the structure of financial markets and computers were progressively expanding their share of trading. The Flash Crash, the infamous 1,000 point drop of the DJIA on May 6, 2010 (the largest one-day point decline in history), illustrated how market structure problems could almost instantaneously cascade from one market participant to the rest.

Mr. Perez is widely regarded as the preeminent global expert and speaker in the specialized areas of algorithmic and high-frequency trading. He is also author of The Speed Traders, An Insider's Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English, Chinese and Bahasa Indonesia. He contributes to The New York Times, UltraHighFrequencyTrading.com and China's International Finance News and Sina Finance.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
+1-414-FORUMS0

Why Stock Market Not Rigged by High-frequency Trading at The Speed Traders Workshop 2014

Edgar Perez, former McKinsey and IBM consultant, is a global expert, author of The Speed Traders, Knightmare on Wall Street, and the course director of The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools", in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai.

New York, NY, USA (April 28, 2014) -- Michael Lewis, the famous Liar's Poker author, couldn't have timed Flash Boys better if he'd tried. His blockbuster new book about high-frequency trading came out in a blaze of publicity during exactly the same week as a little-known Wall Street company named Virtu was scheduled to start marketing its initial public offering of shares, according to Reuters' Felix Salmon. For him, Flash Boys is unapologetically polemical: The New York Times reviewed it twice on the day it came out, with Andrew Ross Sorkin calling it a "a make-your-blood-boil read" and Janet Maslin saying that it "is guaranteed to make blood boil."

According to Salmon, Lewis' pugnacious style is fine and good-journalism should make you angry. But the problem with Flash Boys, he claims, is that the demands that master storyteller Lewis makes of his narrative don't align well with the structural problems of HFT that Lewis the journalist should want to expose. The result is that the general public, after reading this book or watching Lewis on 60 Minutes, will think that the scandal of HFT is that they're being ripped off, and that the stock market is a scam.

The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools" (http://www.thespeedtradersworkshop.com), demonstrates why neither of these statements is true. The Speed Traders Workshop is the first and most comprehensive initiation to the world of high-frequency trading with Edgar Perez, author of Knightmare on Wall Street (http://www.knightmareonwallstreet.com), and will open the door to the secretive world of computerized low-latency trading, the most controversial form of investing today; in the name of protecting the algorithms they have spent so much time perfecting, speed traders almost never talk to the press and try to disclose as little as possible about how they operate.

The Speed Traders Workshop, to be held in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai, covers the latest research currently available and reveals how high-frequency trading players are operating in global markets and driving the development of electronic trading at breakneck speeds from the U.S. and Europe to Japan, India, and Brazil. The "flash crash", the suspended BATS IPO, the botched Facebook IPO, Knight Capital's trading malfunction and NASDAQ's Flash Freeze are just a few of the milestones in the history of high-frequency trading that will be dissected with participants.

Mr. Perez has been engaged to present at the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (London and Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Inside Market Data 2013 (Chicago), Emerging Markets Investments Summit 2013 (Warsaw), CME Group's Global Financial Leadership Conference 2012 (Naples Beach), Harvard Business School's Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, London), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor's Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
+1-414-FORUMS0

Evolution of Securities Investing at High-frequency Trading Workshop in New York City

Edgar Perez, former McKinsey and IBM consultant, is a global expert, author of The Speed Traders, Knightmare on Wall Street, and the course director of The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools", in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai.

New York, NY, USA (April 28, 2014) -- The development of federal securities law was spurred by the stock market crash of 1929, and the resulting Great Depression. In the period leading up to the stock market crash, companies issued stock and enthusiastically promoted the value of their company to induce investors to purchase those securities. Doesn't' that sound eerily familiar to investors at the beginning of the Internet era?

Brokers in turn sold this stock to investors based on promises of large profits but with little disclosure of relevant information about the company. In many cases, the promises made by companies and brokers had little or no substantive basis, or were wholly fraudulent. With thousands of investors buying up stock in hopes of huge profits, the market was in a state of speculative frenzy that ended in October 1929, when the market crashed as panicky investors sold off their investments en masse.

Fast forward 85 years and practitioners can review how far markets have gone at The Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys', High-frequency Trading, Exchanges and Dark Pools" (http://www.thespeedtradersworkshop.com), the first and most comprehensive initiation to the world of high-frequency trading with Edgar Perez, author of Knightmare on Wall Street (http://www.knightmareonwallstreet.com). The Speed Traders Workshop will open the door to the secretive world of computerized low-latency trading, the most controversial form of investing today; in the name of protecting the algorithms they have spent so much time perfecting, speed traders almost never talk to the press and try to disclose as little as possible about how they operate.

The Speed Traders Workshop, to be held in New York City, Washington DC, Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai, covers the latest research currently available and reveals how high-frequency trading players are operating in global markets and driving the development of electronic trading at breakneck speeds from the U.S. and Europe to Japan, India, and Brazil. The "flash crash", the suspended BATS IPO, the botched Facebook IPO, Knight Capital's trading malfunction and NASDAQ's Flash Freeze are just a few of the milestones in the history of high-frequency trading that will be dissected with participants.

Mr. Perez has been interviewed on CNN's Quest Means Business, CNBC's Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS's Countdown to the Closing Bell and After the Bell, Bloomberg TV's Market Makers, CNN en Español's Dinero, Sina Finance, BNN's Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia's Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been globally featured on WILS 1320's Capital City Recap, FXFactor, Columbia Business, OpenMarkets, Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
+1-414-FORUMS0