Managers of Wealth Americas

Klayman & Toskes, P.A. and Carlo Law Offices File Claim Against UBS

The securities arbitration claim alleges that the Claimant is a retiree who lives on a fixed income

FDIC Calls for Better Deposit Insurance Record Keeping at Big Banks

Timely access to insured deposit is critical to maintaining public confidence in the banking system

Bank of America’s deputy general counsel to join Moore & Van Allen

O’Keefe is a highly distinguished member of the financial and legal community

Ropes & Gray Enhances Asset Management Practice in Chicago

“The addition of Paul and Paulita to our Chicago office further aligns with the firm’s core strength in the investment management space and adds substantial depth of experience to our Midwest and national service offering,” said Asheesh

Former President of Investment Adviser Association, to Join Ropes

The firm and its investment adviser and investment fund clients will benefit from his extensive experience with securities law and policy issues relating to the investment management industry.

2 convicted of fraud in $147 million Ponzi scheme

Christopher Cafaro, Grace Cucchissi, and King led the prosecution for the U.S. Attorney’s office

BlackRock to pay $12 mln in SEC conflict of interest case

A top senior compliance officer at BlackRock Advisors at the time, Bartholomew Battista, agreed to a related $60,000 penalty, the SEC said.

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.

Clyde & Co Announces 2015 Partner Promotions

Clyde & Co is delighted to announce 24 partner promotions across its international network

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.

Legal, Regulation & Compliance