John Lothian Newsletter Daily Update - Monday - January 22, 2024

In today's John Lothian News Daily Update, part two of the interview with Amanda Cain is published in the John Lothian Profiles interview series. Former GETCO CEO Daniel Coleman now leads Birmingham-Southern College in Alabama, which faces financial challenges, as reported by The Wall Street Journal. The lawyer spearheading the class action case against CME Group on behalf of b-share members is featured in a Lawdragon.com story titled "Meet The Lawyer Still Fighting For The People Of Flint." A significant player in equity options, Manoj Bhargava, who owns Simplify Inventions, which holds a stake in the Arena Group, which recently lost its license to publish Sports Illustrated, is highlighted. Florida Governor Ron DeSantis drops out of the GOP presidential race before the New Hampshire primary. The CFTC cancels its Open Meeting scheduled for January 22, 2024. An environmental lawyer, David Sargent, is acquitted of insider trading charges after his co-conspirator was found innocent.

In other news, a report ranks Chicago 12th among 85 cities whose climate may be affected by climate change, shifting to a Temperate Humid Warm Summer from a Continental Humid Warm Summer. The report considers sea-level, climate, and water shortage in its rankings. Citi trader Marcus Satha, known for leading the firm's short-term interest rate trading desk, plans to leave to focus on the children's book charity he founded. Senator Tim Scott demands answers from the Treasury Department regarding their push for banks to surveil customer transactions using politically charged search terms. The US is seeing increased foreign ownership and investment in property such as farmland.