04/07/2019
A lock-up agreement is a legally binding contract issued by the underwriters of an IPO that prohibits people close to the company, including executive and employees, from selling shares for a period of time, typically ahead of a stock's debut.
04/05/2019
The deal brings over $50 billion in assets to Baird, whose roughly 900 advisors managed more than $208 billion as of the end of 2018, according to the paper.
04/05/2019
BNY Mellon plans to deliver real-time trade data, asset prices and cash positions to the 40-50 clients it shares with BlackRock’s Aladdin.
04/05/2019
UBS is likely to address its approach to the resolution, including whether it will attempt to recoup money from brokers or other employees, in upcoming meetings, the internal source said.
04/05/2019
JP Morgan Chase CEO Jamie Dimon published his annual letter to shareholders on Thursday, and with it warned of a looming economic slowdown
04/05/2019
The SEC’s complaint alleges that Wall and Lighthouse violated the antifraud provisions of Section 17(a) of the Securities Act of 1933 (“Securities Act”) and Section 10(b) the Securities Exchange Act of 1934 and Rule 10b-5 thereunder
04/04/2019
Unfeasible expectations can dampen or even derail the transaction.
04/04/2019
“This brief extension will allow additional time to resolve the outstanding investigation into our historical U.S. sanctions compliance,” a StanChart spokeswoman said.
04/03/2019
Portfolio Advisors partner Brian Murphy, who has been leading the charge to develop the firm's presence in Latin America, said the company has increased its focus on Chilean pension funds following regulatory changes that gave the AFPs more access to
04/03/2019
The amendments, some of which are technical in nature, touch a variety of disclosure requirements impacting registration statements and current and periodic reports.
04/02/2019
Announcement comes ahead of 3rd Global Business Forum Latin America and follows office openings in Panama and Brazil
04/02/2019
The push to regulate hedge funds and similar investment firms took off after the Sept. 11 attacks, when Congress passed the Patriot Act.
04/01/2019
These MOUs will come into force on the date EU legislation ceases to have direct effect in the United Kingdom.
04/01/2019
Retailer Tesco and aero-engines group Rolls-Royce agreed DPAs with the SFO in 2017
03/29/2019
The accreditations are objective proof of our strong control environment.
03/29/2019
'The net is tightening,' says National Revenue Minister Diane Lebouthillier
03/29/2019
“An obvious spoofing case is communications asking to buy, but the trader first introduces orders to sell – in order to manipulate the market – then to buy, before then removing the sell order and letting the buy being executed at a lowe
03/29/2019
The new tax is effective for 2018 and subsequent taxable years.
03/29/2019
The businesses are set to close their transaction on May 1, 2019.
03/28/2019
Writing on behalf of the court, liberal Justice Stephen Breyer said perpetrators of securities fraud could escape liability if the law were interpreted too narrowly.