JC has obviously has been breaking the law for years. Surprised no one has caught on to him yet. Why doesn't someone go ahead and notify the feds about all these shady unauthorized dealings? Maybe there's a reward?
"Unlike mutual funds, hedge funds are not subject to some of the regulations that are designed to protect investors. Depending on the amount of assets in the hedge funds advised by a manager, some hedge fund managers may not be required to register or to file public reports with the SEC."