12/29/2014
Software developer Microsoft Corporation’s executives, both former and current, including former chief executive officer Steve Ballmer have been sued by The Internal Revenue Service over the company's past tax practices.
12/29/2014
The "customer protection rule" at issue in FINRA's action is a mandate of the U.S. Securities and Exchange Commission.
12/29/2014
Hedge fund insiders are known to consider questionable performance results that delivers profits across all market environments and fail to experience negative drawdowns or downside volatility.
12/25/2014
Debt raters failed to follow their own methodologies, let senior credit officers view market-share data and allowed a trade group to affect criteria changes
12/24/2014
With the appraisal, Highland Capital used the property as collateral against a $540 million loan.
12/24/2014
The consent order reveals that between June 1, 2007,and May 31, 2010, RBC entities executed 1,026 such transactions
12/24/2014
The proposed enforcement action comes as the bank's parent company, American Bank Holdings Inc., works toward an announced merger
12/24/2014
For Centuries the Inner Workings of the Vatican Bank have been Cloaked in Secrecy
12/23/2014
Picard has raised much of the cash with lawsuits against former Madoff customers
12/23/2014
The SEC accused F-Squared of falsely advertising a successful seven-year track record for AlphaSector.
12/23/2014
F-Squared Investments Inc, one of the largest marketers of investment products using exchange-traded funds, has agreed to pay $35 million to settle U.S. regulatory charges that it defrauded investors through false performance advertising.
12/23/2014
The SEC’s investigation, which is continuing, is being conducted by Lance Jasper and Spencer Bendell in the Los Angeles Regional Office.
12/23/2014
The Securities and Exchange Commission today charged a California-based attorney and his wife with insider trading on confidential information obtained from a corporate client.
12/23/2014
The agency obtained a court order to freeze assets in the U.S. brokerage accounts used to conduct the trading.
12/23/2014
A former Edward Jones financial advisor allegedly stole more than $160,000 from a disabled client, according to federal authorities.
12/23/2014
A plan by the U.S. Securities and Exchange Commission to widen the minimum trading increments of some small-cap stocks to test if that would spur more trading could end up harming mom-and-pop investors
12/22/2014
The courtroom victory of the only Swiss banker to beat the U.S. in a trial over offshore tax evasion may embolden other indicted financial workers to leave a legal limbo some have occupied more than five years.
12/22/2014
Lawyers from Mayer Brown, Sidley Austin and Ogletree Deakins all give back in different ways
12/21/2014
Scotiabank announced today that its subsidiary in Peru has reached an agreement to acquire the retail and commercial banking operations of Citibank in Peru, subject to regulatory approval.
12/21/2014
Megabank JPMorgan Chase & Co. Chase has had to deal with numerous regulatory and criminal problems over the last decade.