Managers of Wealth Americas

F-Squared Files for Bankruptcy Protection

This acquisition presents a timely opportunity to expand Broadmeadow's product portfolio

Massachusetts Sues Securities America for Misleading Elderly

The agent pulled a ‘bait and switch,’ falsely advertising one service to obtain contact information, and switching it out for another—financial services

New international law firm announced

Will have more than 1,400 lawyers and legal professionals operating from 18 locations across Canada, the UK, Europe, Asia and the Middle East.

LPL, Wells Fargo, Raymond James to Pay $30M for Mutual Fund Overcharges

Some mutual funds waive their upfront sales charges for Class A shares

FINRA Candidate Says He'd Represent Firms, Not Investors

If elected, FINRA candidate Brian Kovack says he would focus on implementing regulatory reforms.

Banks’ ‘living wills’ aim to prevent more bailouts

JPMorgan Chase & Co. said it would shrink by about one-third, without systemic disruption, if the company was forced into bankruptcy.

The US voluntary disclosure landscape has changed dramatically over the last 12 months

Under the Programs, a penalty was initially imposed that was calculated at 20% of the previously non-disclosed financial account balances

Sealed HSBC report shows US managers battling clean-up squad

HSBC agreed to submit to the monitor's oversight in late 2012, as part of a pact with the US Justice Department that required it to bolster its in-house controls.

Hoax Phone Call Costs Hedge Fund $1.2 Million and CFO’s Job

Meston was terminated by Fortelus and is now being sued by the fund

JPMorgan Chase faces $20 mln OT claims after recent settlements

JP Morgan Chase gave a group of workers who process loans new job titles in order to claim they were exempt from overtime pay

Obstacles in Regulators’ Push to Reduce Leveraged Loans

Regulators, especially after the financial crisis, have perceived this lending as risky.

Regulators approve Pinnacle merger plans

Pinnacle Financial Partners has received the go-ahead from federal and state regulators for its plans to merge with CapitalMark Bank & Trust in Chattanooga and Magna Bank in Memphis.

John LeFevre pens 'Straight to Hell,' a tell-all about his cocaine and sex-fueled days as a Wall Street banker

John LeFevre's new tell-all "Straight to Hell" chronicles his sordid and debauched days as a Wall Street banker.

Section 1782: American dream… or nightmare?

Did you know that parties to non-US proceedings can readily obtain information found in the US for use in those non-US proceedings?

Carlyle Not in Discussions With SEC About Fees, Rubenstein Says

The SEC said June 29 that KKR, the private equity firm run by Henry Kravis and George Roberts, will pay a $10 million fine

U.S. Hedge Fund Elliott Associates to Appeal Court Ruling on Samsung Merger Proposal

U.S. hedge fund Elliott Associates LP said Friday that it would appeal a South Korean court ruling that gave its blessing to a shareholder vote on a proposed merger of two Samsung Group affiliate companies.

US hedge fund Elliott to appeal Korean court ruling on merger of Samsung affiliates

The fund said in a statement that it was disappointed with the court's decision not to grant a preliminary injunction to prohibit Samsung C&T from seeking shareholder approval for the merger.

Conyers advises Textainer Group on amendment on Textainer Ltd's five-year revolving credit facility

Conyers Dill & Pearman has advised Textainer Group Holdings Ltd, the world’s largest lessor of intermodal containers based on fleet size, in connection with the entry by Textainer Ltd, which is a wholly-owned subsidiary of the Company, on an ame

6 years in prison for hedge fund trader in Ponzi scheme

He was sentenced to six years in prison for stealing more than $9 million in a Ponzi scheme.

Miami-based corporate boutique law firm advise Bayport Colombia on successful $50 Million Loan

The $50 million loan was the first of its kind from IDB

Legal, Regulation & Compliance