Managers of Wealth Americas

Seattle’s income tax on the wealthy is illegal, judge rules

The city knowingly violated several laws in imposing this tax.

Escaping Cayman–New York’s highest court permits shareholder of a Cayman-incorporated company to bypass Cayman law and bring derivative action in New York

The Court contrasted Cayman law with British Virgin Islands (BVI) law.

House Tax Bill Is Littered With Loopholes for Wall Street’s Wealthiest

Loopholes aside, the biggest features of the Republican tax plans in both chambers bear a mix of news for wealthy investors.

U.S. jury clears ex-Swiss banker of aiding tax dodgers

The case brought against Buck, 37, by federal prosecutors in New York was one of a number of cases spilling out of a broad crackdown by the United States on offshore tax evasion by Americans.

FINRA Fines J.P. Morgan Securities, LLC $1.25 Million for Failing to Appropriately Fingerprint or Screen Its Employees

Federal banking laws require banks to conduct similar checks on banking employees using a more limited list of disqualifying events.

FINRA Introduces New Functionality and Design to Fund Analyzer

Investors can research and compare more than 30,000 products

Debt restructuring battle is brewing over Venezuela

Law firms, hedge funds and a secretive Mexican billionaire are jockeying for position

US Tax Reform, Central Bank Speeches and Policy Meeting Minutes

Largely driving the US dollar’s move down were concerns over tax reform and fiscal policy as well as a sharp upsurge for the euro.

NY regulator mulling fine on Korean banks for AML violation

Earlier this year, NongHyup Bank handed in a written agreement to the Federal Reserve Bank of New York to address its compliance deficiencies.

Taxpayers pay legal bill to protect Trump business profits

The taxpayer-funded lawyers are making the case that it is not unconstitutional for the president's private companies to earn profits from foreign governments and officials while he's in office.

Kramer Levin Expands Corporate Practice With New Partners Todd Lenson and Jordan Rosenbaum

He regularly represents issuers in a wide range of securities offerings, including initial public offerings, follow-on equity offerings and high-yield debt issuances. He also regularly advises boards of directors and C-level executives on transactional, e

NY state regulator fines Credit Suisse $135 mln over forex practices

The agreement is the latest in a string of global regulatory settlements with big Wall Street banks over forex trading practices.

JPMorgan says family awarded US$8 billion deserves nothing

It was highly confident the verdict wouldn't stand under Texas law.

Scandal-Plagued SoFi Posts Record Quarter But Pulls Back Expansion

The compares with $134 million in the previous period.

SEC proposes streamlining disclosure amendments to Regulation S-K mandated by Fast Act

The proposed amendments are intended to improve readability and navigability of disclosure documents while discouraging repetition and inclusion of immaterial information.

Shreveport amateur golfer Eddie Lyons cost us $5 million, investors allege

The 29 investors asked FINRA to let them present their claims to a panel of arbitrators.

Barclays fails to end US 'dark pool' class action

Barclays Plc has failed to persuade a U.S. appeals court to unwind a class action lawsuit accusing the British bank of defrauding shareholders about its private "dark pool" trading platforms.

SEC issues new guidance on shareholder proposals

Issuers and proponents frequently hold opposing views as to the existence of significant policy issues

Stifel Broker Wins $3 Million from UBS for Defamation

James Springer Jr. wins his defamatin case against UBS, business owners want tax reform and what to do to be productive and wealthy.

Bedell Cristin advises Leonard Green & Partners on acquisition of CPA Global

LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles.

Legal, Regulation & Compliance