10/07/2015
Asset Management Industry: Financial Stability Update, Fall 2015
Robert H. Ledig, Thomas P. Vartanian
Legal, Regulation & Compliance
10/06/2015
Supreme Court Upholds Advisor's Right to Sue Charles Schwab
Other claims in the original lawsuit are still pending.
10/06/2015
Ex-employees of wealth-management firm deny lawsuit’s accusations
Its lawsuit accuses Pierce, a former equity owner of the firm from 2002 through last month
10/06/2015
Fed Chair: Bitcoin's Popularity Unrelated to Central Bank Policy
Other federal and state regulators, she continued, may have different authorities over the technology, depending on their specific mandates.
10/05/2015
World's Central Banks Lose Bond-Market Credibility as Woes Mount
More and more, bond traders are drawing the same conclusion: central bankers globally are coming up short in their attempts to combat the world’s economic woes.
10/05/2015
Ice Miller opens New York office to bolster private equity practice
Ice Miller Partner Edward Braum leads the firm’s private equity practice from Columbus.
10/05/2015
SEC Charges Two Grant Thornton Firms With Violating Auditor Independence Rules
The orders censure the audit firms for violating the auditor independence standards
10/05/2015
Famed Hedge Fund Manager James Chanos Sued for $70K in Back Rent
Macken started falling behind on her $6,485 a month rent in March 2014 and made her last payment for the apartment in July of that year
10/05/2015
US Congress considers domestic patent box regime - should you reevaluate your global structure?
Patent box regimes typically apply deeply discounted tax rates to income derived from intellectual property.
10/04/2015
SEC Dismisses Fraud Charges Against Indian American Executive of Aphelion
Kalucha was accused by the U.S. regulator for distributing falsified performance results
10/02/2015
Former Advisor Sues Morgan Stanley For Racial Discrimination
The suit claims that partnerships and teams at Morgan Stanley are racially segregated
10/02/2015
Griffin divorce ensnares high-finance execs, limo drivers, photographer
Dias Griffin is seeking to have the premarital deal thrown out and claims she was under duress when she signed it.
10/02/2015
Banks settle swaps market manipulation case for $1.86 billion
The deal calls for the defendants to pay $1.86 billion, which will be distributed to investors claiming they lost huge sums because of the banks’ anti-competitive practices.
10/01/2015
SEC Charges Mass. RIA With Fraud, Self-Dealing
Between 2010 and 2012, Weiss invested more than $40 million belonging to individual clients and hedge funds in Biosyntec SA.
10/01/2015
Volatility Spikes in August After Extended Period of Relatively Low Risk
While there may be instances of short-term differences in ETFs' price and underlying NAV, it should not impact longer-term investors.
10/01/2015
Bogle: Compromises to DOL Rule May Be Needed
Some of the changes sought by the industry on the Labor Department’s fiduciary proposal are necessary
10/01/2015
Stage set for UK’s alleged largest ever film tax fraud trial
Next week sees the start of the trial of three defendants accused of running the UK’s largest ever film tax avoidance.
10/01/2015
Switzerland Claims to Have Found Brazilian Speaker's Secret Accounts
The volume of resources found–which is kept secret– was blocked by the authorities.
10/01/2015
Credit Suisse receives QPAM exemption from DOL
The company, which managed $15.6 billion for U.S. institutional tax-exempt clients as of Dec. 31
09/30/2015
SEC Charges UBS Puerto Rico and Two Individuals in Actions Relating to Former Broker’s Fraud
UBSPR Reaches $34 Million Settlement With SEC, FINRA