03/21/2017
Justice Dept. closed investigation into Deutsche Bank currency manipulation
The Justice Department would not comment on its decision to close the investigation.
Legal, Regulation & Compliance
03/21/2017
Leon Cooperman Ordered to Trial in SEC Insider
The case was the first such lawsuit brought by regulators.
03/21/2017
The cell phones had porn on them. Then the Panama Papers exposed a bribery scheme, this company says.
Koolman’s job was to buy phones from suppliers around the world for Setar to sell to consumers.
03/21/2017
Fintech Firms Can Now Apply for Banking Licenses
The bold move is a step toward acknowledging just how significant fintech startup firms are to the future of the financial industry.
03/21/2017
A Panama Ex-President Fights Extradition From Miami Exile
So far, the U.S. hasn’t acted on the petition to turn him over, and Martinelli has kept his base in Miami, where he has a condo in a building featured in the movie “Scarface.
03/21/2017
MEPs in fact-finding trip to #US to probe into #TaxAvoidance practices
The lack of transparency when it comes to the beneficial ownership of companies is mind-boggling.
03/20/2017
Currency Traders Race to Reform Last Look After Bank Scandals
But not all are on board.
03/20/2017
Failure pays big at Wells Fargo, judging by these executive bonuses
The troubled bank’s compensation captured national headlines this week.
03/20/2017
Wealthy scramble for EB-5 investor visas before Trump closes US gate
The US government is looking at raising the minimum investment amount to $1.35m, notes Wolfsdorf.
03/17/2017
Triad Advisors Welcomes Legacy Wealth Partners To Its Hybrid Advisor Broker-Dealer Platform
Affiliation with Triad's flexible platform has enabled us to maintain our own RIA
03/17/2017
Baker McKenzie hires IP counsel
Her industry experience will help to further strengthen our IP capabilities and immediately benefit our clients.
03/16/2017
Wilmington Trust Must Pay $29.8M Over Flawed ESOP Transaction
The company is liable for engaging in a transaction prohibited by the Employee Retirement Income Security Act.
03/16/2017
Attorney, former legislator White faces suspension
It is also possible White and the office could reach an agreement for discipline on consent.
03/15/2017
Ex-Jefferies Trader Can't Ditch Sole Guilty Count
Had no duty to act in his best interest.
03/15/2017
Tax court judge recuses himself from KPMG-linked trial after CBC revelations
Randall Bocock attended party hosted by law firm that endorsed KPMG tax scheme
03/15/2017
Estate Planning: The Family Limited Partnership Strategy
As the recently decided Purdue Tax Court case can illustrate
03/15/2017
Germany Frets Over U.S. Regulation Opt Out
One of the U.S.'s most influential banking regulators has proposed ways to cut red tape in banking.
03/14/2017
Massachusetts high court declares that public company directors owe fiduciary duty to corporation rather than to shareholders
There are, of course, exceptions to the Tucci general rule, as previously articulated in Demoulas.
03/14/2017
Ninth Circuit embraces broad whistleblower protection under Dodd-Frank, deepening split among the circuits
The statutes are inconsistent, yet cross-reference each other, it becomes complicated.
03/14/2017
California Businessman Sentenced to Prison for Concealing Over $23.5 Million in Israeli Bank Accounts
Evaded More than $8.3 Million in Federal Taxes Over Seven Years