Managers of Wealth Americas

Rules to recoup US bank bonuses need tightening

It makes sense to extend ‘clawback’ periods for as long as 10 years

Historic FCPA Settlement Reflects Increased Regulatory Focus on International Anticorruption Issues Arising from M&A Transactions

Under the terms of the settlement, VimpelCom is required to pay $167.5 million to the SEC

Finra Deals UBS $470,000 Fine Over Puerto Rico Bonds

The award is the latest in a string of claims ruled in favor of investors against UBS

Investors’ money buys beach house; fund manager gets 18 years in prison

A North Carolina hedge fund manager who defrauded investors while out on bond and facing charges for another scam has been sentenced to 18 years in federal prison.

U.S. Wealth Managers Prepare For Labor Rule

The wealth management industry has opposed the proposal for years

Credit Suisse to pay USD665,000 penalty to settle CFTC charges

The Order further finds that in March 2013, CSS-USA submitted to Enforcement

RIA Tensions Rise as the SEC Opens Door to Third-Party Examiners

A proposal to let private firms perform regulatory scrutiny of registered investment advisers has left the industry divided.

Goldman Sachs probed in alleged rigging of Treasury market

Investigators obtain chats and emails that appear to implicate Goldman in manipulating Treasury note prices

WSJ: US authorities scrutinising Goldman Sachs-1MDB bond deals

The same source also claimed that federal authorities in the US are also “exploring” whether Goldman’s hiring practices in the region violated US anti-corruption laws.

Wedbush Fined ... Again

For over two years, Scout Trading participated in naked shorting of ETFs, which resulted in repeated failure by Wedbush to deliver the securities.

Bahamas: US to Probe Plot to Take Down Government and Tycoon Rival

Nygard is a major donor to Christie’s ruling Progressive Liberal Party

Janus Capital to Launch Four Thematic ETFs

Global demographic and consumer shifts are changing the investment landscape and are expected to create opportunities for investors over the next several decades.

Foreign Financial Account Filings Exceeded 1 Million in 2015

U.S. citizens have long been required to report all worldwide income, regardless of its source.

Vizor Software’s FATCA & AEOI Portal Launched by Government of Saint Christopher (St. Kitts) and Nevis

The intention is for St. Kitts and Nevis to use the Vizor platform for the Exchange of Information under the new standard.

How Trusts And Estates Lawyers Can Double Their Revenues In A Year

Trusts and estates practices are – or certainly can be – exceedingly lucrative for the lawyer and the law firm. For example, with the boom in private wealth creation, there is a growing need to address intergenerational wealth transfers. At th

U.S. Municipal Advisor Hit With First-Ever Charge for Fiduciary Breach

The case came after an unidentified city hired Central States in April 2011 as municipal adviser, according to the SEC's cease and desist order.

SEC Charges Operator of Ponzi Scheme That Claimed to Offer “Bridge Loans” to Jamaican Businesses

The SEC complaint charges former Boston resident Mark A. Jones, who now lives in Miami and has a second home in Jamaica.

FIFA files for compensation in U.S. as victim of corruption

FIFA announced on Wednesday it was also seeking repayment of salaries and a full audit of a former top official it says has continued to live an "extravagant lifestyle" while on bail from a New York Court.

Judge Gives Green Light to Bill Gross Suit Against Pimco

Breach-of-contract suit seeks at least $200 million in damages

SEC Charges Deteriorating Alts Platform

The trouble started in January 2014, when it made a big bet on student loans from for-profit college Corinthian Colleges

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