02/27/2015
US commodity pool investment scammer receives eight year sentence
The criminal charges arose from his solicitation fraud and misappropriation of pool participant funds
02/26/2015
Meredith Whitney called billionaire Michael Platt’s efforts to withdraw his company’s investment from her hedge fund a “blatant attempt” to dissolve the operation in violation of an agreement between them
02/26/2015
Morgan Stanley agreed to pay $2.6 billion to settle probes into its creation and sale of residential mortgage-backed securities
02/26/2015
Swain also praised Hardin for cooperating immediately upon being approached in 2008 by federal agents
02/26/2015
Bank of America VP Pleads Guilty
He admitted that neither borrower qualified for the loans because they did not meet the bank's underwriting requirements
02/26/2015
Deutsche Bank and JPMorgan were ordered by U.S. District Judge Thomas Griesa to "immediately produce to NML's counsel
02/26/2015
The new debt was to be issued under Argentine law to non-U.S. investors to avoid legal risks in the United States
02/25/2015
Beginning in 2008, the IRS began a high profile campaign of pursuing taxpayers with unreported offshore accounts
02/25/2015
Risk management faulted at Canadian Imperial Bank of Commerce; bank warned on acquisitions
02/25/2015
A former analyst for hedge fund Two Sigma Investments pleaded guilty in New York state court on Tuesday to stealing proprietary trading models from his employer
02/25/2015
Swiss bank flags far lower penalty to settle U.S. tax probe
Swiss private bank said on Wednesday it expects a far lower than expected U.S. fine after coming clean on helping wealthy Americans evade taxes
02/24/2015
President Barack Obama on Monday proposed tougher regulations on investment brokers who handle retirement funds
02/24/2015
To be a good investor you have to know about the company, the industry, the macro-economics, and the legal context in which the investees operate.
02/24/2015
It also said the Commodity Futures Trading Commission had subpoenaed HSBC Bank USA for documents related to its precious metals trading.
02/23/2015
American Express Company has been found guilty of antitrust violations by a federal judge Nicholas Garaufis in New York.
02/23/2015
Two former Barclays stockbrokers can keep nearly $4 million in signing bonuses, an arbitration panel has ruled, handing down a rare rebuke of a controversial recruiting practice common among brokerage firms.
02/23/2015
Lawyers said this policy chips away at the decade-old truce among brokerages known as the Protocol for Broker Recruiting
02/23/2015
Insurance companies could struggle under proposal meant to make lenders safe enough to fail
02/23/2015
The Securities and Exchange Commission (SEC) also accused him of inflating the fees to client accounts to pay for his legal and other expenses without telling his investors.
02/22/2015
Elizabeth Murphy, an associate director for the Securities and Exchange Commission's Corporation Finance division, revealed the agency's plans Saturday