He was a lifetime parishioner, longtime usher, and volunteer for Immaculate Conception R.C. [5][6][7] Ronin applied at the end of July to withdraw its broker registration, and it was formally withdrawn Aug. 6, FINRA records show. NEWARK Acting Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to Secaucus-based National Realty Investment Advisors, LLC (NRIA), and related entities and individuals, after determining the company fraudulently sold at least $630 million in securities to investors in New Jersey and across the nation from 2018 to 2022. RONIN CAPITAL, LLC is an Oregon Foreign Limited-Liability Company filed on October 30, 2003. The investigation by the Bureau of Securities was conducted by Chief of Enforcement Richard Szuch, and Investigator Irwin Slotnick. YOUR SUCCESS. Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. 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. [2] Ronin did not handle customer business, CME said, so no clients incurred losses as a result of the liquidation. RONIN CAPITAL, LLC branch. Employers | Job Seekers | What We Do | Who We Are | Contact Us 2022 Capital Staffing Solutions, Inc. | Phone: (800) 205-4923. 1-877-812-1590. He was an avid fan of the Miami Dolphins and the New York Yankees. 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. [3], Ronin is owned by John Stafford III and his father, John Stafford Jr. 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 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 . If an investment opportunity promising high guaranteed returns sounds too good to be true, it usually is.. John worked for the Secaucus public school system for many years. The Bureau of Securities is charged with protecting investors from investment fraud and regulating the securities industry in New Jersey. 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. Acquisitions Completed. 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. [1][2], Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. Ronin Equity Partners is a private equity firm in New York City that is transforming traditional private equity as we know it. 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. Cease & Desist Order. John Stafford has been working as a Chief Executive Officer at Ronin Capital for 22 years. With over 1,900 locations, Dignity Memorial providers proudly serve over 375,000 families a year. Ronin Capital's office at 350 N. Orleans St. A Chicago trading firm that was crushed at the onset of the COVID-19 pandemic has joined the crowd of tenants trying to sublease downtown office space. Do Not Sell or Share My Personal Information. Besides their headquarters in Chicago, Ronin Capital has offices in New York and San Francisco. SI-NO CHANGE view. Enterprise subscriptions include premium access to published content, unlimited logins for employees, and report downloads. Stafford graduated from the University of Chicago. 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. Ronin is an avid golfer, with a reported 8 handicap, who has participated in the Pebble Beach Pro-Am. The company's filing status is listed as Inactive and its File Number is 180984-91. Platform Investments. Leave a memory or share a photo or video below to show your support. and organizational developments. Meet the Team 5. Ronin Capital, based in Chicago, was confirmed to be the firm in question, according to sources. Rego et al. CME said the firm was unable to meet its capital requirements going forward. [1][2] Background Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. 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. Position: John Stafford III, Ronin Capital LLC. CANCELLATION view. Let others know about your loved one's death. Sign up for service and obituary updates. / Ronin Capital, LLC; Ronin Capital, LLC. He is a 30-year veteran of the proprietary, quantitative and . Trading firms are required by the exchange to make payments to back up their positions. InsiderMonkey.com. Devoted father of John Mason and his wife Coleen, the late Jacqueline Lesh-Franks and her husband Al. Company Number 200426810387 Status Terminated Incorporation Date 23 September 2004 (over 18 years ago) Dissolution Date 15 July 2020 . 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 was the current (as well as past) Grand Knight of the Knights of Columbus Council 12769. This page was last edited on 23 March 2020, at 19:11. Xencor website. Printer Friendly View Address: 5758 W Fillmore St . About John Stafford. Background Stafford Trading was acquired by TD Options in 2001.[3]. Click here to get the full experience on your screen. 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. The firm moved to 350 N. Orleans in 2010, expanding from about 43,000 square feet in the Federal Reserve building at 230 S. LaSalle St. Ronin had as much as $21 billion of trading assets in 2018but fell hard earlier this year as the onset of the COVID-19 pandemic triggered wild stock market volatility. He also sits on the board of several companies including Clinical Micro Sensors, Inc., All Optical Networks, Inc. and sat on the board of Xencor for 18 years before resigning in 2016. The move forced the exchange to step in and invoke its emergency protocols to auction off the portfolios. Help tell the story of your loved ones unique life. Ronin Capital formally withdrew its broker registration last month, according to Financial Industry Regulatory Authority records, ending a nearly 19-year run that saw it become one of the biggest names in Chicago proprietary trading. Ronin is owned by John Stafford III and his father, John Stafford Jr. If you opt in above we use this information to send related content. 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. 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. Stafford Trading was acquired by TD Options in 2001. Sign up for service and obituary updates. John was born to Florence (Wierzbicki) Niznik and the late John A. Niznik in Jersey City and was a lifelong resident of Secaucus. . Advanced search Log in Forgot password ? However, the Bureau found multiple violations of the anti-fraud provisions of the New Jersey Uniform Securities Law, including employing a scheme to defraud, making untrue statements of material fact, and omitting material facts in connection with the sale of NRIA Fund securities. Get a D&B Hoovers Free Trial. Founder of Zen Investments LLC and Ronin Capital LLC, John Springs Stafford presently holds the position of Chief Executive Officer of Ronin Capital LLC. ALL RIGHTS RESERVED. 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We visit more than 100 websites daily for financial news (Would YOU do that?). Missing Crain's in print? With over 1,900 locations, Dignity Memorial providers proudly serve over 400,000 families a year. John is pre-deceased by his parents, John & Marie Mason (nee Strain). NEWARK - Acting Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to Secaucus-based National Realty Investment Advisors, LLC (NRIA), and related entities and individuals, after determining the company fraudulently sold at least $630 million in securities to investors in New Jersey and . A visitation for John will be held Friday January 20, 2023, from 4 to 8 PM at Mack Memorial Home, 1245 Paterson Plank Road, Secaucus, NJ 07094. Ronin, owned by John Stafford III and his father, John Stafford Jr . $300M+ Equity Capital Deployed. The trading firm, which traded at CME, was "unable to meet its capital requirements." . [8] CANDLE HAS BEEN LIT CANDLES HAVE BEEN LIT, We are reviewing your submission. Don't miss Crain's in printright on your screen. [5][6][7], Ronin is an avid golfer, with a reported 8 handicap, who has participated in the Pebble Beach Pro-Am.[8]. [4] He was the lead advisor to Xencor and at one time owned 25% of the company's stock. 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. It may take up to 1 hour for your comment to appear on the website. The company was involved in proprietary trading . 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 operations and venture capital investments. Ronin was a direct clearing firm for CME. It was a proprietary trading firm that traded only for its owners and not for clients. 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. The company's principal address is 230 S . Additional sources said Ronin's problems stemmed from positions in futures tied to the CBOE Volatility Index (VIX)." Ronin is a member of various exchanges including the Boston Options Exchange, Inc., the Chicago Board Options Exchange, Inc., the CME Group, Inc. (CME, CBOT, NYMEX and COMEX), NASDAQ OMX PHLX, NYSE Arca Inc., the International Securities Exchange, LLC, the Dubai Mercantile Exchange, Limited, EUREX Frankfurt AG, NYSE Liffe US, and the Fixed Income Clearing Corporation. It was a proprietary trading firm that traded only for its owners and not for clients.[4]. Ronin Capital LLC operates as an institutional brokerage firm. 2023 SCI SHARED RESOURCES, LLC. 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. Do Not Sell or Share My Personal Information. The Dignity Memorial brand name is used to identify a network of licensed funeral, cremation and cemetery providers that include affiliates of Service Corporation International, 1929 Allen Parkway, Houston, Texas. In concert with Alphacution's recent feed post, "Marketquake: The Volatility of Volatility," on unprecedented volatility levels that surpass that of the 2008-2009 Global Financial Crisis (GFC) period, I wanted to assemble whatever we could on Ronin. The Bureau found that NRIA also leveraged the junk bonds through repurchase agreements with financial institutions. Recent filings for RONIN CAPITAL, LLC. The majority owner of Ronin Capital is Zen Holdings, LLC. The company currently specializes in the Financial Services area. John S. Stafford III serves as Independent Director of the Company. Sign up for our newsletter and stay up to date on all Alphacution research 6 Jul 2020. 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. Arthur Scutaro, of Bloomfield, executive vice-president of project management and advisor to the NRIA Fund. References Ronin Capital is part of the Finance industry, and located in Illinois, United States. [1][2] 2022 Capital Staffing Solutions, Inc. | Phone: (800) 205-4923. A Mass of Christian Burial will occur Saturday at 9:30 AM at . Rehab facility planned for River North redevelopment, Why biotech is a bright spot on Chicago's real estate scene now. John S. Stafford, Jr. is a co-founder of Ronin Capital. 4-Traders.com. Transparency in Coverage. 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. The imposter entities and websites were aimed at reducing the chance that internet searches would reveal that NRIA Fund principals Salzano and Scutaro had previously been cited by the Federal Trade Commission (FTC) for engaging in consumer fraud as principals of a company known as NorVergence. He was an avid fan of the Miami Dolphins and the New York Yankees. Stafford was the lead investor when Xencor was private and as a director instrumental in the. Ronin Capital assets auctioned. 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. 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. 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 Ronin Capital serves customers worldwide. ). CANDLE HAS BEEN LIT CANDLES HAVE BEEN LIT, We are reviewing your submission. The number of employees ranges from 25 to 100. 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. Blackstone, and 3G Capital. ALL RIGHTS RESERVED. The principals also hired family-owned or controlled companies, including a construction firm where Salzanos son was the Chief Financial Officer, and companies owned by Grabatos relatives that were used to create imposter entities and websites. 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