08/21/2015
Ex-Wilmington Trust president makes first court appearance
As a condition of his release, Harra was ordered to post a $25,000 unsecured bond and surrender his passport
08/19/2015
An SEC investigation found that BNY Mellon did not evaluate or hire the family members through its existing, highly competitive internship programs that have stringent hiring standards and require a minimum grade point average and multiple interviews.
08/19/2015
Holds owner of Total Wealth Management, Jacob Cooper, liable in case where losses are expected to total as much as $44 million
08/19/2015
But that’s where it gets tricky. Wealthy folks typically run afoul of the FAA’s rules because they are unaware of the rules between the two forms of licenses.
08/18/2015
FinCEN has ruled that businesses using Bitcoin’s blockchain to transfer precious metals are considered money transmitters.
08/18/2015
The authorities found that Citi and other banks attempted over a period of almost six years to have rigged key foreign exchange benchmarks, including at least one provided by central banks.
08/18/2015
Kramer is widely regarded as one of Wall Street's top bankers in the business of corporate restructurings and bankruptcies
08/18/2015
CGMI and CAI failed to control the misrepresentations made to investors as their employees misleadingly minimized the significant risk of loss
08/18/2015
It came as prosecutors are facing increasing challenges in their ability to pursue insider trading cases
08/14/2015
The wide range of participants at the hearings was further testament to the breadth of its potential impact
08/14/2015
The regulator claims, because of the pricing-related fraud, Edward Jones customers paid at least $4.6 million more than they should have when purchasing new bonds
08/14/2015
As the complaint details, the conspiracy affected dozens of currency pairs
08/14/2015
Banks accused of foreign exchange rate rigging have agreed to pay major sums of money in settlements to investors
08/13/2015
ITG agreed to admit wrongdoing and pay disgorgement of $2,081,034
08/13/2015
Hackers, Traders Allegedly Reaped More Than $100 Million of Illegal Profits
08/13/2015
The SEC’s order finds that Garcia violated the anti-bribery and internal controls provisions of the Securities Exchange Act of 1934.
08/12/2015
This case is being investigated by the FBI’s San Juan Division
08/12/2015
His decision is significant because many SEC cases arise from activities in the financial services industry in Manhattan, and sets a precedent for judges in his court.
08/12/2015
If the shares are not delivered by the appropriate date, SEC's Reg SHO requires the firm to take affirmative action to close out the failure to deliver by purchasing or borrowing the securities
08/12/2015
Bloom’s crimes were largely committed at North Hills