04/21/2015
Ex-ForceField Energy Chairman Faces Stock Scheme Charges
Trading in the alternative-energy company’s stock was halted Monday morning after falling 22 percent at 10:21 a.m.
Legal, Regulation & Compliance
04/21/2015
Clyde & Co Announces 2015 Partner Promotions
Clyde & Co is delighted to announce 24 partner promotions across its international network
04/21/2015
Fed Weighs Steps to Prevent ‘Regulatory Capture’ by Banks
The Federal Reserve, criticized by lawmakers for being too cozy with Wall Street
04/20/2015
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.
04/20/2015
Court Orders U.S. Mint to Return Famed Coins to Family
Government confiscated Double Eagle gold coins from Langbord family in 2004
04/20/2015
Morgan Stanley, New York in talks over $500 million deal to settle probe
Mortgage-bond pact deal to include consumer relief, some cash
04/17/2015
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
04/17/2015
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.
04/17/2015
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
04/17/2015
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.
04/16/2015
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.”
04/16/2015
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.
04/15/2015
Bad, Bad Leroy Brown
In reality, Brown was not registered with the SEC, Financial Industry Regulatory Authority or any state regulator.
04/15/2015
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
04/14/2015
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
04/14/2015
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.
04/14/2015
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"
04/13/2015
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.
04/13/2015
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.
04/13/2015
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.