02/15/2017
Trump Policy Changes Bring IRS Guidance to a Standstill
No revenue procedures or rulings for awhile.
Legal, Regulation & Compliance
02/15/2017
Morgan Stanley in Hot Water Over Inverse ETFs
Morgan Stanley settles charges with the SEC, Merrill plans to expand impact investing capabilities for advisors and the Valentine's Day index is released.
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
Alter Domus acquires Carta fund services in the US
CARTA specialises in providing Private Equity focused.
02/15/2017
Morgan Stanley Settles Charges Related to ETF Investments
Morgan Stanley solicited clients to purchase single inverse ETFs in retirement and other accounts
02/15/2017
Fees and Regulation Key to Migration to Robos
Disgruntled investors were defined as those unhappy with high fees, bad performance or the level of service they receive.
02/15/2017
Institutional investors managing US $17 trillion announce new corporate governance framework
The Group is a collective of some of the largest U.S.-based institutional investors and global asset managers, along with some international counterparts.
02/14/2017
Wall Street Needs to Put All Clients First
The fiduciary rule shouldn't apply just to retirement accounts, it should apply to all investment accounts, no matter the size and type.
02/14/2017
8 Things Advisors Can Learn From Johnny Depp
As it only covers money in retirement accounts.
02/14/2017
Trader's Zurich Banker
But the deal fizzled last year under mysterious circumstances.
02/14/2017
Respected Transactional Law Firm Adds Top Business Litigation, Restructuring Team to Form Condon Tobin Sladek Thornton
The lawyers serve as trusted advisors on dynamic retail, office and mixed-use development regionally and nationwide, including some of the highest-profile mixed-use projects in North Texas.
02/14/2017
Jho Low Bids to Stop Asset Grab
Now, the trusts are asking a Los Angeles judge to ignore a deadline to file claims over assets that have been seized by the U.S, «Bloomberg» reported.
02/13/2017
Fiduciary rule is a regulation everyone should appreciate
Department of Labor to require that brokers who offer financial advice put their clients' interests ahead of their own.
02/13/2017
Ex-AIG CEO Hank Greenberg to pay $9 million to settle with NY attorney general
AIG was also a defendant in the case, but settled with the attorney general's office in 2016 for $1.6 billion.
02/13/2017
The Battle for Global Banking Regulations
If they don't come to an agreement, the global banking system risks a collapse.
02/13/2017
Johnny Depp’s Money Woes a Case Against DOL Rule?
In his lawsuit Depp also admits he didn’t monitor his own finances, nor his advisors’ investments
02/12/2017
Campaign launched to axe FATCA tax rules
The move was intended to help clamp down on tax evaders who deposit wealth in offshore centres such as Jersey.
02/12/2017
Lawsuit claims JPMorgan Chase fees cheat jurors out of money
The lawsuit says Chase charges $1.50 a month in “inactivity fees”
02/12/2017
CME Adopts Rule Changes Regarding Offenses
These rule amendments were adopted at the request of the CFTC
02/12/2017
Location, Location, Location – Choosing the Situs of a Trust
The proper selection of trustees is important in choosing the situs of a trust.