12/11/2014
JPMorgan Chase Says It Hopes to Meet New Capital Rules With No Major Changes
Banks can raise capital either by selling new stock to shareholders or retaining profits.
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
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.
12/09/2014
The SEC’s order further finds that Burnside and BTC Trading Corp. failed to register the LTC-Global exchange
12/09/2014
The firms, which consented to the orders without admitting or denying the findings, will collectively pay $140,000 in penalties and must comply with a series of remedial undertakings designed to prevent future violations of these independence requirements
12/09/2014
Court limits effort to access some profits
12/09/2014
Citibank was sued by investor Dr. Sami Abbas Hussein Ali before the Abu Dhabi Commercial Court of First Instance on 08/12/2014.
12/05/2014
The regulatory waiver given to the largest bank of the U.S., Bank of America Corp, has been praised by another Securities and Exchange Commission member who called it a “breakthrough” in commission’s methods to handle waivers.
12/05/2014
Barclays Plc asked that a federal judge in New York handle claims it hid the role of high-frequency traders in its dark pool, saying the evidence in the case is “incredibly complex” and includes millions of trading records.
12/05/2014
US regulators are getting fed up with Wall Street’s attempts to stall a restriction on risky swaps trades.
12/05/2014
Former COO left after her $20M age and gender discrimination lawsuit was “resolved”
12/03/2014
A Swiss banker accused of helping U.S. clients cheat on their taxes wants a judge to grant him bail without his having to appear first in a New York courtroom.
12/03/2014
Tough new rules to make banks safer after the credit crisis are imperfect and could boost less-regulated activities in the so-called shadow banking system,