12/14/2014
The proposed settlement calls for the seven investment banks, which underwrote investment offerings, to pay the plaintiffs $74 million, according to court papers filed in a New York court on Thursday.
12/12/2014
He also brings our clients the ability to effectively defend all manner of white-collar criminal enforcement, SEC enforcement actions and enforcement proceedings brought by OFAC for alleged foreign trade violations."
12/12/2014
Commerzbank is in talks to pay US authorities more than $1bn in fines to resolve allegations that the German bank broke anti-money laundering and sanctions laws — at least $400m more than previously thought.
12/12/2014
Global specialist law firm elects 11 new partners to the Firm
11 lawyers have been newly elected as partners effective January 1, 2015.
12/12/2014
The New York Times DealBook Opportunities for Tomorrow Conference Held at One World Trade Center, New York, N.Y.
12/12/2014
The lawsuit comes after the wealth-management firm was told James Holbrook faced federal investigations
12/12/2014
Securities and Exchange Commission chief Mary Jo White is none too pleased about Wednesday’s landmark federal appeals court ruling that overturned two insider trading convictions.
12/12/2014
The NYDFS issuance is just the most recent example of the increasing focus among state and federal regulatory agencies and government officials regarding cyber security and its importance to the financial services industry.
12/11/2014
Hedge Fund’s Portfolio Manager Agrees to Settle Charges
12/11/2014
More paperwork as governments force wealthy to declare overseas assets.
12/11/2014
Banks can raise capital either by selling new stock to shareholders or retaining profits.
12/11/2014
The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates,
12/11/2014
Welcome to the December issue of Withers' Regulatory Watch.
12/11/2014
FINRA's research analyst conflict of interest rules make clear that firms may not use research analysts or the promise of offering favorable research to win investment banking business
12/10/2014
Federal prosecutors on Monday sued Deutsche Bank AG, seeking $190 million from the German bank for allegedly engaging in a tax evasion scheme by setting up shell companies to hide profits on the appreciation of stock that the bank purchased in 1999.
12/10/2014
What's unclear is whether Concord's founders also hid this practice from LPL Financial
12/10/2014
A bill has been introduced in the House of Representatives which seeks a five year moratorium on statutory restrictions or regulations on cryptocurrencies such as Bitcoin.
12/10/2014
Penningtons Manches Opens In San Francisco
This builds upon the firm's considerable network of clients and contacts in San Francisco and Silicon Valley.
12/10/2014
Shah was at the time a portfolio manager at an asset management firm that managed billions of dollars in mutual funds and a hedge fund.
12/10/2014
The US Securities and Exchange Commission (SEC) has issued a cease and desist order and has imposed remedial sanctions upon a foreign bank which failed to register as a broker-dealer or as an investment adviser.