Besides their headquarters in Chicago, Ronin Capital has offices in New York and San Francisco. Both NRIA and the NRIA Fund have initiated Chapter 11 bankruptcy proceedings. Rego et al. 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 . It may take up to 1 hour for your comment to appear on the website. Ronin, owned by John Stafford III and his father, John Stafford Jr . Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. SI-NO CHANGE view. We visit more than 100 websites daily for financial news (Would YOU do that?). Such Class A spaceswhich account for roughly a third of subleases on the market, according to CBREpose formidable competition to landlords trying to fill vacant space. {{{org}}}. [1], On March 20, 2020, CME Group announced it had auctioned off Ronin Capital's portfolios after Ronin became an apparent victim of the market turmoil in which U.S. stocks plunged more than 30% from their peak because of the novel coronavirus. 2023 SCI SHARED RESOURCES, LLC. Ronin is owned by John Stafford III and his father, John Stafford Jr. Loving grandfather of Alexis & Johnna Mason, the late Christopher Bann, Joseph Franks, Danielle Martinez and Tiffany Franks. Arthur Scutaro, of Bloomfield, executive vice-president of project management and advisor to the NRIA Fund. Ronin Capital, based in Chicago, was confirmed to be the firm in question, according to sources. He was a veteran of the United States Army, a member of the Knights of Columbus, American Legion, The Catholic War Veterans and K&S Club in Secaucus for many years. CANDLE HAS BEEN LIT CANDLES HAVE BEEN LIT, We are reviewing your submission. Crain's Chicago Business. 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. 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. 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. John worked for the Secaucus public school system for many years. Don't miss Crain's in printright on your screen. 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. [1][2] Background Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. Do Not Sell or Share My Personal Information. 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. Ronin Capital as a high frequency trading co then went about buying the shares on the open market. 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. Its headquarters is located at Chicago, Illinois, USA. The move forced the exchange to step in and invoke its emergency protocols to auction off the portfolios. A story not well known outside of Chicago prop trading circles, John S. Stafford, Jr. - the founder of [], Anything in here will be replaced on browsers that support the canvas element. Since 2001, Mr. Stafford has served as Chief Executive Officer of Ronin Capital, LLC, a registered broker dealer with proprietary trading operations encompassing equity, fixed income and derivative securities. 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. Get a D&B Hoovers Free Trial. Ronin is an avid golfer, with a reported 8 handicap, who has participated in the Pebble Beach Pro-Am. Let others know about your loved one's death. Ronin Capital LLC operates as an institutional brokerage firm. To entice would-be investors, the company used a nationwide advertising campaign that included radio spots and high-profile messaging on billboards located at the entrance to the Lincoln and Holland Tunnels. Ronin Capital, based in Chicago, was confirmed to be the firm in question, according to sources. The position of the CEO is occupied by John S. Stafford. The company was involved in proprietary trading . When Ronin Capital was forced to shed assets at auction last month, it became the biggest financial industry victim in the U.S. of the deadly coronavirus so far, undercutting its legacy as a. RONIN CAPITAL, LLC branch. Recent filings for RONIN CAPITAL, LLC. Click below to see everything we have to offer. This page was last edited on 23 March 2020, at 19:11. $300M+ Equity Capital Deployed. Sign up for service and obituary updates. YOUR SUCCESS. Fond memories and expressions of sympathy may be shared at www.MackMemorialhome.com for the Niznik family. 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 Paul Rowady is the Director of Research for Alphacution Research Conservatory, a research and strategic advisory platform uniquely focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading, asset management and banking. John was the current (as well as past) Grand Knight of the Knights of Columbus Council 12769. 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/). Adding to the headaches for downtown landlords is that many offices on the secondary market offer relatively updated, high-quality space after years of companies trying to get a leg up on recruiting by pouring cash into impressive office buildouts. OUR PRIORITY. 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 is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. As part of their scheme to enrich themselves at investors expense, the Bureau found that the principals named in todays filing used millions of investor dollars to make lavish payments to family members including a salary paid to Salzanos wife for a no-show job. Church here in town. This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. Business Leaders. 21. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. John (Jack) E. Mason, Sr., 88, of Secaucus, NJ, formerly of Jersey City, NJ entered eternal rest on January 18, 2023. 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. Is this your business? Key Principal: John S Stafford See more contacts Industry: Security brokers and dealers Printer Friendly View Address: 350 E Cermak Rd Chicago, IL, 60616-5507 United States See other locations Phone: Website: www.ronin-capital.com Employees (this site): Modelled ESG ranking: ESG industry average: What is D&B's ESG Ranking? The Overlooked Tycoons Playing Pebble Beach With Justin Timberlake And Bill Murray. ALL RIGHTS RESERVED. 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. 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. With over 1,900 locations, Dignity Memorial providers proudly serve over 400,000 families a year. In addition to the purported billion-dollar-plus real estate development enterprise, NRIA also invested up to a quarter of all investor funds in commercial mortgage-backed securities, the bulk of which were below investment grade (otherwise known as junk bonds), in an effort to generate returns it had promised to investors but could not deliver through the NRIA Funds real estate projects. The company was involved in proprietary trading . The Company offers portfolio management, capital raising, financial planning, and advisory services. E-mail oureditor Founder of Zen Investments LLC and Ronin Capital LLC, John Springs Stafford presently holds the position of Chief Executive Officer of Ronin Capital LLC. org=OCA Ventures. The company's principal address is 230 S . No thanks. / Ronin Capital, LLC; Ronin Capital, LLC. 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. John is pre-deceased by his parents, John & Marie Mason (nee Strain). Overview. All rights reserved. InsiderMonkey.com. [3], Ronin is owned by John Stafford III and his father, John Stafford Jr. The trading firm, which traded at CME, was "unable to meet its capital requirements." . Founder of Zen Investments LLC and Ronin Capital LLC, John Springs Stafford presently holds the position of Chief Executive Officer of Ronin Capital LLC. Ronin is trying to shed that space, adding to a fast-growing amount of available office space downtown as the coronavirus keeps its grip on the economy. Cease & Desist Order. He is a strategic advisor to OCA Ventures. Let others know about your loved one's death. Copyright 2015-2023 Alphacution Research Conservatory, LLC | Design by, By signing up, you acknowledge that you have read the, Poof! Acquisitions Completed. Additional sources said Ronin's problems stemmed from positions in futures tied to the CBOE Volatility Index (VIX)." 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. He is a 30-year veteran of the proprietary, quantitative and . Ronin was founded in 2001, eventually growing to have hundreds of employees trading stocks, bonds and derivatives and pocketing profits for the Staffords and Ronin partners. 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. The Registered Agent on file for this company is C T Corporation System and is located at 388 State St Ste 420, Salem, OR 97301. A Funeral Home Service will occur Tuesday at 10AM at Mack Memorial Home followed by his Committal Service at Holy Cross Cemetery in North Arlington. [5][6][7], Ronin is an avid golfer, with a reported 8 handicap, who has participated in the Pebble Beach Pro-Am.[8]. If you opt in above we use this information to send related content. Suite 3200 Rehab facility planned for River North redevelopment, Why biotech is a bright spot on Chicago's real estate scene now. That figure is approaching 3 percent of all office inventory in the central business district, which would be the highest share of available sublease space CBRE has recorded in 15 years. by NJOAG Communications | Jun 21, 2022 | National Realty Investment Advisors | Nationwide Securities Fraud | New Jersey Bureau of Securities | Bureau of Securities | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release |, Office of the Attorney General Matthew J. Platkin, Acting Attorney GeneralDivision of Consumer Affairs Cari Fais, Acting DirectorBureau of Securities Amy G. Kopleton, Acting Bureau ChiefDivision of Law Michael T.G. Working as a Team . Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. - Shakespeare: Hamlet Act 5, Scene 2 UPDATE HERE (3/26/2020) Last Friday, March 20, CNBC was first to report that "one of theCMEs direct clearing firms was unable to meet its capital requirements. Ronin Capital is based in Chicago and was formed in 2001 and is a broker dealer with proprietary trading operations encompassing equity, fixed income, and derivative securities. Trading firms are required by the exchange to make payments to back up their positions. 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.

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