But regular hedging apparently wasn't enough to satisfy Kivisto's ambitions for growing Semgroup.
FORBES: Inside The Semgroup Bust
2.
It's a violation of securities laws for Kivisto to hide huge undisclosed trading losses while soliciting additional financing for the company.
FORBES
3.
Kivisto's attorney Tucker and others believe that it was in the Wall Street research for this offering that Semgroup's trading bets became fatally exposed.