Managers of Wealth Americas

Trade wars step up, more to come

China may bide its time, but we expect they will follow with tariffs on a further $60 billion of imports from the US.

$150B Money Laundering Probe of Danske Bank Implicates Citigroup and Deutsche Bank

Danish and Estonian authorities have been investigating the bank and have shared information with their U.S. counterparts, several European officials familiar with the matter told the news outlet.

U.S SEC. Penalizes Crypto Hedge Fund for Violating Securities Law

Founder Timothy Enneking and his company illegally sold stakes in the hedge fund to U.S. investors.

Seven Tips to Protect Wealthy Families from Cybersecurity Threats

The more money a client has, the bigger the target on their back.

Goldman Names New President, CFO as Blankfein Prepares to Exit

The bank is reshuffling its leadership as Lloyd Blankfein prepares to retire as chairman and CEO at the end of this month.

Broker-Dealer to Pay $2.75 Million Penalty for Providing Deficient Blue Sheet Data

The SEC appreciates the assistance of FINRA.

Massachusetts Securities Regulator Cracks Down on Private Placements

GPB sells illiquid, high-risk, high-commission alternative investments through various independent broker/dealers.

Pension Fund Pans Banks’ Bid To Escape Rate-Rigging Row

The Fire & Police Pension Association of Colorado argued that since the allegations against the financial institutions arose from transactions in New York

Blockchain & Bitcoin: Lawyers Need to Get It or Get Out

Another threat to organizations is the rise of cryptocurrency mining malware.

Hedge Fund Priest Lemelson charged by SEC for alleged stock manipulation

The SEC's complaint said that Ligand's stock lost more than one-third of its value during the course of Lemelson's alleged scheme.

Divorce Often A Legal Quagmire For Super Wealthy

A spouse who owns and runs a closely held business may be overly optimistic about its value when applying for financing or speaking to investors in the months leading up to a divorce.

JPMorgan sues ex-advisors for luring clients to Raymond James

JPMorgan claims it was tipped off to the advisors’ actions by clients who complained to the bank about being petitioned to move their business to Raymond James.

Private Client Resources partners with FundCount

Mike Slemmer, COO, Americas of FundCount, commented: “FundCount delivers efficiency and insight to clients—which comes from being able to account, manage, and report on complex holding structures and the full array of liquid and illiquid holdi

SEC Bars Former Raymond James Branch Manager

Burstein allegedly helped Quiros misappropriate and misuse more than $21 million in investor funds flowing through several brokerage accounts held at Raymond James, the SEC says.

A Russian Who Allegedly Hacked Into JPMorgan Chase's Servers Is Now in U.S. Custody

What the earlier court filings didn’t disclose was the identity of the central hacker—revealed finally in an unsealed indictment on Friday as Tyurin.

Finally, a judgment against CRA for negligence in audit of business

Court finds tax collector took certain positions for strategic reasons rather than good faith legal reasons. There will be an appeal

SocGen expects to pay €1.1 billion in US sanctions fines

Societe Generale has been caught up in around a dozen probes and lawsuits in recent months.

Burns & Levinson Partners Named 2018 Women Worth Watching

The PDJ "Women Worth Watching" awards celebrate the achievements and personalities of leading women across a multitude of industries who represent diversity within their spheres of influence.

JD CEO's arrest steps on governance landmine

What’s more, in a further abuse of good governance practices, Liu holds the chairman’s seat as well as serving as CEO.

Setback for Irish developer seeking return of passport

Mr Kelleher says he had no knowledge of the injunction when he funded the Cayman litigation.

Legal, Regulation & Compliance