Managers of Wealth Americas

Washington State Considers RIA Insurance Mandate

An organization of investors' attorneys supports the regulation, arguing it could address the continued issue of unpaid arbitration awards.

SEC proposes Regulation Crypto Assets

The new rules will allow offerings of up to $5 million during a four-year period, and offerings of $75 million during a 12-month period. Issuers would be subject to reporting and disclosure requirements.

Crain’s New York Business Names Sheppard New York Attorneys to 2026 “Notable Leaders in Accounting, Consulting and Law”

Crain’s New York Business

The Supreme Court Quietly Killed SEC Independence

It is unrealistic to think that the SEC can be unaffected by a fundamental transformation in how the federal government operates.

Young HNW clients are choosing experiences over assets — can advisors keep up?

Millennial and Gen Z investors are redefining wealth through travel, dining, and flexibility — and that's forcing advisors to rethink how they plan

Brad Rude & Cameron Edmiston: Wells Fargo Advisors Face $10mm Complaint

The pending complaint alleges damages of $10 million.

Capital One says it closed over 300 Trump Organization accounts after anti-money laundering probe

Capital One first notified the Trump Organization of its intention to close more than 300 affiliated bank accounts in March 2021

Fed and FDIC ease bank insider lending rules in latest deregulatory push

The proposals extend a wave of regulatory relief in 2026 that has already loosened capital requirements for community banks.

AI lawsuits surge to dominate securities class action filings in 2026

Artificial intelligence is no longer just reshaping investment portfolios, it is reshaping the litigation landscape around them.

Trump’s Court Losses Leave Taxpayers Facing Millions in Legal Fees

Federal agencies can be required to pay attorneys' fees when they lose in court under a 1980 law meant to ensure individuals, small businesses and nonprofits aren't priced out of suing the government.

FINRA: RBC’s AML Rules Risked Missing Red Flags

According to the brokerage regulator, flawed surveillance systems at RBC Capital Markets’ wealth management division failed to detect suspicious transactions that should have triggered alerts.

Court Denies Merrill’s Attempt to Restart OpenArc/Dynasty Lawsuit

The federal judge denied a temporary restraining order, but according to court documents, the case paused last fall

Betterment Faces Class Action Lawsuit Over Cash Sweep Accounts

A New Jersey client claims the robo advisor profited by sweeping excess cash into deposit accounts with participating banks that did not generate interest.

Bank of Canada expected to hold key interest rate at 2.25%

Along with Wednesday’s interest rate decision, the Bank of Canada will reveal its latest economic and inflation forecasts.

Insurers allege Bank of America cleared $1M in flagged transfers

Two insurers already paid the claim - now they want the bank to cover every cent

Brazilian banks may tighten client checks after U.S. move

Designation of PCC and Comando Vermelho as terrorist groups could lead financial institutions to take a stricter stance on risk

Edelman Financial Engines To Appeal Decision in Mariner Lawsuit

The wealth management firm is taking its case to a federal appeals court after a judge ruled that Edelman hadn't established its trade-secrets case against Mariner.

Advisors still have questions on Trump Accounts ahead of July 4 launch

Regulators have made some progress.

SCB freeze denies 16 banks capital relief

Lower DFAST depletion would have cut buffers for many, but First Citizens avoids higher SCB

JPMorgan Sues Advisor Who Jumped to Morgan Stanley

Brian Krauthamer was a private client advisor at a JPMorgan bank branch in Florida.

Legal, Regulation & Compliance