11/17/2016
JPMorgan to settle China hiring probe, reports say
There will not be any individual prosecution at this time, the source said.
Legal, Regulation & Compliance
11/17/2016
Ex-Wall Street big convicted of insider trading sued by brother
The money to provide financial support for the gal pal and his daughter.
11/16/2016
D.C. District Court Dismisses Cybersecurity Suit Against The IRS
The system was designed to allow taxpayers to access their prior-year tax information online.
11/15/2016
Ex-Rabobank trader turned U.S. cooperating witness spared prison
Robson, who pleaded guilty to a conspiracy charge in August 2014, in court apologized for his actions.
11/15/2016
Dodd-Frank easing may herald more lending for banks
Trump's successful White House run has fueled a big rally in bank stocks, with the KBW Nasdaq Bank Index.
11/15/2016
SEC chief to step down, clearing way for Trump to slash Wall Street regulations
SEC has pushed for more oversight of hedge funds and other asset managers
11/14/2016
Brexit to hit European Private Equity investment harder than UK
Couple this with survey results revealing that Limited and General Partners expect Brexit to result in greater investment from UK-based investors and declining investment from Europe.
11/14/2016
International Lawyers Network Welcomes New Firm in Argentina, Salaberren y López Sansón
SyLS is the leading legal & tax boutique in business law in Argentina.
11/14/2016
Banking Regulators Propose Enhanced Cyber Risk Management Standards
The proposed ANPR standards would be integrated into these existing supervisory frameworks.
11/14/2016
Race to limit banker bonuses
Regulators are under increased pressure to do something about Wall Street pay
11/14/2016
OTC Derivatives Reform Creates Revenue Opportunities for Sovereign Wealth Funds, Asset Owners, According to BNY Mellon Paper
While the reforms are limiting the risk appetites of banks and curtailing the activities of other financial institutions, they exempted the SWFs from certain restrictions, according to the report.
11/11/2016
Synergy: Arnold & Porter and Kaye Scholer Announce Combination
Firms bring together renowned regulatory capabilities, and extensive litigation and transactional expertise
11/11/2016
'Wolf of Wall Street' banker whose wife divorced him for cocaine-fueled foursomes and drug binges is now accused of putting off finding a new job to dodge alimony
Di Mauro, 41, is accusing her ex-husband of deliberately delaying finding new work after quitting his job to pay her alimony
11/10/2016
Deloitte Corporate Finance LLC advises First Sterling Financial Inc. on the sale of its Corporate Fund Syndication and Asset Management Businesses to Regions Bank
The acquisition closed on Oct. 14, 2016.
11/10/2016
Movie Producer Charged With Defrauding Hedge Fund Investors
Wellner previously settled SEC charges filed in federal district court in Florida and has been barred from working in the securities industry.
11/10/2016
Financial Institutions Find Regulatory Compliance More Challenging Than Tax and Internal Controls Combined
“Increased regulation can squeeze profitability because of the additional human capital, systems, and processes needed to comply."
11/10/2016
Corrected Ex Rabobank Trader Gets 3 Months in U.S. Prison for Libor Scheme
A former Rabobank trader was sentenced after pleading guilty to conspiring to commit wire fraud and bank fraud
11/10/2016
Brazil central bank pauses interventions as Trump win boosts volatility
The pause in the auctions marks a setback to the central bank's year-old plan to unload its costly exposure to traditional currency swaps, equivalent to future dollar sales.
11/09/2016
IRS Nets $10 Billion FATCA Tax Haul
The IRS continues to urge those people with international tax issues to come forward to meet their tax obligations
11/09/2016
Justices weigh fair lending lawsuit against Bank of America, Wells Fargo
Under the Fair Housing Act, she said, the city is considered an aggrieved person.