12/17/2017
The murky US prosecution of a Turkish banker
Banker, Mehmet Hakan Atilla, 47, had been charged with conspiring to violate US sanctions on Iran
Legal, Regulation & Compliance
12/14/2017
Chicago ‘Hedge Fund Manager’ Indicted On $10m Fraud
Chicago investment manager Shawn Baldwin, who made a name for himself in finance over the past decade, was indicted by federal prosecutors
12/12/2017
Robeco: China’s AM regulations and US tax reform risks
“The new rules in China limit the south-bound investments and will therefore have a negative impact on the Hong Kong equity market,” said Robeco’s Victoria Mio.
12/12/2017
Finra Bars Two Ex-Wells Fargo Reps
The scheme cost investors more than $800,000, according to the complaint.
12/12/2017
Canadian regulators and ASIC sign fintech cooperation pact
The Innovation Hub provides the opportunity for entrepreneurs to understand how regulation might impact on them.
12/11/2017
HSBC to Be Released From U.S. Deferred Prosecution Agreement
Controversial deal allowed the bank avoid criminal charges in 2012
12/11/2017
Senate Tax Plan Could Also Hit Digital Wealth Advisers
Algorithms that prioritize sales of share lots that have lost value would become less effective
12/08/2017
Morgan Stanley Fires Former Congressman
A Morgan Stanley spokeswoman confirms to HuffPost that the wirehouse fired Ford “for conduct inconsistent with our values and in violation of our policies.
12/07/2017
SEC Continues Crackdown on Brokers Defrauding Customers
According to the SEC’s complaint, since the customers incurred significant costs with every transaction and the securities were held briefly, the price of the securities had to rise significantly for customers to realize even a minimal profit.
12/07/2017
Former Company Insider Earns More Than $4.1 Million for Whistleblower Tip
The whistleblower is the third awarded by the SEC in the past week.
12/07/2017
Former UVA football player sentenced to 40 years in $10 million fraud case
This is essentially a case of theft,” Gibney said earlier Wednesday. The harm was not only to the victims’ finances, “but to their souls.
12/07/2017
Former Hedge Fund Star Nehal Chopra Settles With SEC
The regulator says the Ratan Capital Management founder’s husband improperly shared investment recommendations with her and that she failed to disclose the arrangement with her clients.
12/06/2017
JPMorgan, Santander partner in asset management in Brazil
Santander has 263 billion reais ($81.4 billion) in assets under management in Brazil
12/05/2017
Canada urgently needs more trade with China, but big hurdles lie in its path
Canadian Prime Minister Justin Trudeau is on tour in China to discuss trade, but experts say hurdles stand in the way of major progress
12/01/2017
Israeli Billionaire's $10b Dollar Lawsuit Against Soros Frozen by Judge
But U.S. court rejects request to dismiss case alleging defamation over Guinean mine read
11/30/2017
Big U.S. banks in last-ditch push on regulatory relief bill
The bill offers little relief for many bigger lenders but lifts a significant burden for smaller banks and custodians.
11/29/2017
US Trial Threatens Funding For Turkey's Dollar-Dependent Banks
Turkey's Deteriorating Finances Are Hurting The Country's Banks
11/28/2017
US Charges 3 Chinese Nationals With Hacking, Stealing Intellectual Property From Companies
The Three Charged By The US Attorney In Pittsburgh Were Working For A Chinese Intelligence Contractor
11/28/2017
Embattled Chicago Billionaire Flees When Served With Court Papers
A Private Detective Had Staked Out The Mansion Shah
11/28/2017
Two charged in $150m Providence scam
The chief executive of Providence Companies Group has been federally indicted, along with its chief operating officer, for orchestrating a $150m (£112.5m, €125.8m) fraud that saw the firm’s operations in Guernsey and a Jersey-based IFA fi