Montgomery Assets

President Donald Trump retweeted Jacob Wohl — the 19-year-old hedge fund manager whose work has drawn the attention of securities regulators — after he credited the commander-in-chief on Wednesday for the market's performance. Trump retweeted Wohl on other occasions this summer....

Editor’s note: This story has been updated to reflect that Jacob Wohl and now-defunct Nex Capital were banned by the National Futures Association and to clarify the status of an administrative action brought by the Arizona Securities Commission. Jacob Wohl, the 19-year-old “Wohl Of Wall...