07/28/2019
Allen & Overy merger target 'tried to erase evidence of Trump support'
"This is misleading", the unidentified person said about the section titled, "Support for the Trump Administration".
Legal, Regulation & Compliance
07/25/2019
SEC Awards Half-Million Dollars to Overseas Whistleblower
Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action.
07/24/2019
OCC Fines Ex-Rabobank Counsel $50,000 for Concealing AML Report
On February 7, 2018, the Bank pled guilty to conspiracy
07/24/2019
Trump sues Congress, New York to keep his tax returns a secret
The lawsuit seeks to stop a law passed in New York state from taking effect
07/24/2019
B&J Financial Services Joins Forces with North Texas Accounting and Advisory Firm
Our new partnership with Saville provides an even stronger foundation for client and family continuity for generations to come.
07/22/2019
Fidelity at center of new strategy for ERISA breach lawsuits
Plaintiffs alleged that Fidelity is a fiduciary and is charging "secret" fees; Fidelity responded that it discloses the fees and that it isn't a fiduciary.
07/22/2019
Why US regulators are struggling to step up to regulate Facebook's Libra
Facebook, which is spearheading Libra’s development via a new subsidiary called “Calibra,” has also gathered a consortium of companies that will supposedly have equal commitments with Facebook
07/22/2019
Merrill Lynch Hit with $40 Million Settlement and Faces Further $42 Million From Similar Claim
Levine’s settlement is apparently the largest involving an individual claimant in the last decade, Craig McCann, principal of Securities Litigation and Consulting Group, tells CNBC.
07/22/2019
SkyKnight Invests in Heffernan Insurance Brokers to Support the Platform’s Continued Growth
Heffernan has grown revenue to over $100 million, primarily through organic growth along with selected acquisitions.
07/22/2019
SEC to extend Mifid exemption for US brokers’ research
Banks will not have to register as investment advisers under EU rules
07/18/2019
Combating financial crime - KPMG
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
What you need to know about the mammoth EU-Mercosur trade pact
EU representatives made their motives clear in statements immediately following the negotiations.
07/18/2019
Dickinson Wright Receives Top Rankings
Five Dickinson Wright attorneys are listed as "Leaders in their Fields"
07/18/2019
Madoff Investor Kingate to Pay Back $860 Million
Settlement wraps up one of the largest remaining disputes in liquidation of Bernard Madoff’s Ponzi scheme
07/18/2019
Payoffs, glory-seeking Feds, and hiding in plain sight — here's what 5 experts told us about the $1 billion cocaine bust on a ship owned by JPMorgan
The drugs are worth way less than $1 billion
07/17/2019
Former REIT Manager and Executives to Settle SEC Charges for More Than $60 Million
The SEC alleges that AR Capital, Schorsch, and Block, acting in breach of the relevant proxy disclosures, inflated an incentive fee in both mergers
07/17/2019
Nomura to Pay Misled Bond Customers $25 Million to Settle SEC Charges
The SEC’s orders further find that Nomura lacked compliance and surveillance procedures that were reasonably designed to prevent and detect this misconduct, which inflated the firm’s profits on CMBS and RMBS transactions at its customers&r
07/16/2019
Is blue sky compliance like the SEC or the IRS?
The states were allowed to require a notice filing, which means you are not actually registering, but giving notice of intent to sell in the state.
07/16/2019
IRS Crime Unit Marks 100 Years Of Following The Money And Tackling Crime
Charged with pursuing tax crimes, one of those first agents, Elmer L. Irey, would lead the new crime fighting unit and change history.
07/16/2019
Neal Gerber Eisenberg Private Wealth Practice Group and Three Attorneys Ranked in the Chambers High Net Worth 2019 Edition
Chambers & Partners, one of the world’s leading legal directories, conducts independent research that relies on feedback from industry leaders and clients to identify the top attorneys and law firms from around the world.