Managers of Wealth Americas

Democrat Senators Introduce Bankruptcy Bill for Puerto Rico | Sovereign Wealth

Failure to pay that debt without an orderly workout would in effect begin a cascading series of chaos

Handler Thayer Wins Unprecedented Recognition

We are grateful to receive this unprecedented recognition and for the dedication and commitment shown by our professional team over these many years

SEC slaps OZ Management with $4.25m penalty for bad data

OZ Management, an investment adviser for numerous Och-Ziff funds, admitted wrongdoing and agreed to pay a $4.25 million penalty to settle the charges.

Deutsche Bank Inquiry Deepens as New York Seeks Moscow Memos

The formal request for information, which was sent last week, the person said, marks a deepening of the New York State Department of Financial Services’ probe into Deutsche Bank’s activities in Russia.

Napkin-eating broker at center of $5.6m insider trading scheme avoids jail time

Frank Tamayo allegedly used napkins and Post-it notes to convey sensitive information and will return $1m, his Audi Q7 and testify against friends

Puerto Rico journalists sue government to reveal hedge fund names

The Ad Hoc Group has declined to name the majority of its members.

King & Spalding Expands Litigation Practice in New York

Isajiw concentrates his practice on complex commercial and securities litigation, as well as regulatory investigations. He joins King & Spalding from Cadwalader, Wickersham & Taft, where he was a partner.

Ellen Pao, hedgie husband are losing their power couple status

The walls are finally closing in on disgraced hedge fund manager Buddy Fletcher and wife

Managers push SEC for limits on brokers' maker-taker rebates

The fact that the markets are as fragmented as they are, one could argue that fragmentation might have actually played a part in the NYSE problem

Role of DFMs in managing risk

How is risk managed within a portfolio and whose responsibility is it?

Hedge funder’s pricey divorce

According to public records, Ulrich — who manages a $16 billion fund at Anchorage — bought Santos’ share of their combined two townhouses for $16,331,697.

Clinton gets tough on Wall Street, vows to tighten oversight

She said banks cannot be "too big to fail.

Ex-NY Assembly Speaker's Son-In-Law Admits to Defrauding Investors

I'm sorry for what I have done, and I apologize to the court and to my family

Ex-Deutsche Bank Traders Said to Face Libor Charges From DOJ

Deutsche Bank entered into a record $2.5 billion global settlement with agencies, including the Justice Department

Beanie Baby Maker’s Probation Sentence Upheld in Tax Case

The district judge found Warner’s record of charity and benevolence ‘overwhelming

Former FIFA Vice President Jeffrey Webb Agrees to Extradition to U.S.

Webb has been in Swiss custody but would be transported to the U.S. in the next 10 days

Investor lessons from an alleged $1.5B Ponzi scheme

The indictment comes the same week that a jury is deciding the fate of two advisors accused of victimizing NHL players and other investors.

We’re ordering JP Morgan Chase to refund $50 million and stop collecting on 528,000 accounts

Chase also filed more than 528,000 lawsuits against consumers to collect on debts

Camardas May Appeal Judge’s Decision in CFP Board Suit

We are clearly disappointed in the decision and do not think it is correct if it rules that the CFP Board – being a private organization – has the prerogative to treat its licensees

FSI Taking the Fiduciary Fight to Consumers

The initiative breaks new ground for FSI

Legal, Regulation & Compliance