Managers of Wealth Americas

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."

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

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.

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

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.

Three top stock picks from Sprung Investment’s Michael Sprung

HCG is well financed, and at current levels, the stock has a yield of 3.7 per cent.

Libor Alternatives Have Their Own Issues

Market overseers have been pushing the industry to come up with a credible replacement for U.S. dollar Libor in the wake of a rigging scandal

BCSC discontinues proceedings against former investment advisers who still face SEC scrutiny

The BCSC alleged the case involved stock transactions worth more than $46 million.

Libyan sovereign fund seeks to appeal judgment in Goldman case

Litigants can ask the Court of Appeal for permission to proceed with an appeal if the trial judge has refused permission.

US regulator finds another cheat device in Audi car

A year on since the parent party Volkswagen was hit with near bankruptsy.

NFA orders commodity pool operator and commodity trading advisor The Cambridge Strategy Asset Management Limited to pay $60,000 fine

In December 2014, the BCC issued its first Decision against Cambridge

Eyes wide shut on DOL fiduciary future

The advice industry is still largely speculating about what lies ahead

Watchdog: IRS faces barriers in tax avoidance reviews

The IRS requires businesses to report transfer pricing transactions because the practice can be used to deflate profits in the U.S., thereby avoiding high corporate taxes.

FINRA Capital Acquisition Broker Rules are a Solution for Private Equity and Hedge Funds and Private Investment Banking/M&A

The SEC traditionally has not viewed issuers of securities, such as hedge funds and private equity funds, as broker-dealers.

Legal, Regulation & Compliance