Managers of Wealth Americas

Fed Weighs Steps to Prevent ‘Regulatory Capture’ by Banks

The Federal Reserve, criticized by lawmakers for being too cozy with Wall Street

Roadkill in the Fed’s Race to Regulate Shadow Banking

GE Capital saw the writing on the wall: Opportunities to innovate and compete would be smothered over time.

Court Orders U.S. Mint to Return Famed Coins to Family

Government confiscated Double Eagle gold coins from Langbord family in 2004

Morgan Stanley, New York in talks over $500 million deal to settle probe

Mortgage-bond pact deal to include consumer relief, some cash

While Swiss bankers indicted in U.S. tax-evasion probe remain at large, whistleblower went to jail

The whistleblower who helped the Justice Department in its probe ended up going to jail for more than two years

SEC Charges Former J.P. Morgan Advisor With Looting $20M From Customers

The Securities and Exchange Commission has charged a former investment advisor at J.P. Morgan Securities with stealing at least $20 million from customers to fund his own brokerage accounts in a scheme that spanned more than three years.

Boston investment adviser must pay couple $48.5 million -ruling

The sole arbitrator in the case ruled that the firm and Weiss breached their fiduciary duty to the Sutows

Foreign Banks and Bankers Face New Risks From Swiss Bank Amnesty

The DOJ and the Internal Revenue Service have vowed to “follow the money” in pursuit of additional investigations of both banks and individuals.

MoFo Expands Singapore M&A Bench With Bengoshi Corporate M&A Partner

“Saori is a well-respected bengoshi corporate partner and her expertise will be invaluable to our clients in Japan looking to expand and invest in the region.”

Madoff Trustee Seeks to Free up $1.25 Billion for Fraud Victims

Irving Picard, the trustee, said the request was made possible after a federal appeals court in New York ruled on Feb. 20 that victims were not entitled to "time-based" inflation or interest adjustments on their claims.

Bad, Bad Leroy Brown

In reality, Brown was not registered with the SEC, Financial Industry Regulatory Authority or any state regulator.

Accused investment manager's million-dollar home up for sale

They allege that Stanfill took their money, assured them she was investing it in legitimate accounts

P Profit and Protection: Techniques for Future Success - Withers

One of the most common hurdles to creating a tax efficient offshore IP structure is the effective transfer of the IP from the United States abroad

Broker Lost at Sea? No, Just Dodging FINRA Complaint

A broker's desperate plan to escape legal issues by faking his disappearance at sea collapsed on Sunday when authorities finally tracked him down.

Some Banks Are Working With Marijuana Businesses, But They Remain Wary

According to FinCEN guidance, banks that work with state-legal marijuana businesses must report their activities in a "suspicious activity report"

Accounting firm Schneider Downs buys Pittsburgh-based Meridian

The addition of Meridian adds expertise in areas including corporate finance, mergers and acquisitions and turnaround activities.

Finding the IBOR That Fits Your Institution’s Needs

In searching for an Investment Book of Record (IBOR), financial institutions (FIs) need a solution built to address the need to record, process and distribute investment data in the different views required by stakeholders.

Securities Arbitration Law Firm Investigates UBS’s Sales of Forex Currency Products

The UBS V10 product was pitched to individual and institutional investors, including hedge funds and pension funds, as a high-yielding foreign-exchange investment that used computer algorithms to minimize the risk of losses in periods of volatility.

Hedge Fund Two Sigma Sues Former Vice President Who Tried To Start His Own Hedge Fund

Two Sigma is seeking to get a New York state judge

Finra mulls new bonus disclosure rule

The regulator is still doing research, but expects to move forward in the “short term,” said Susan Axelrod, executive vice president of regulatory operations

Legal, Regulation & Compliance