Managers of Wealth Americas

SEC Junks Herbalife Insider-Trading Case

The regulator in October accused Jordan Peixoto of making nearly $50,000 in illicit profits after learning from a friend who lived with a Pershing Square analyst of the hedge fund’s intention.

Triad man arrested for alleged financial irregularities at wealth management firm

Police have arrested a Yadkin County man amid an investigation involving Fackrell Trivette Wealth Management.

Merrill Lynch Fined $1.9 Million for Violating Fair-Price Guidelines

Bank of America Corp. ’s Merrill Lynch unit violated fair-pricing guidelines nearly 720 times in retail customer transactions over two years

Do panic moves by central banks ever work?

A surprise interest rate hike by the Russian central bank late Monday night left analysts debating whether such "panicked" moves by officials have any genuine impact.

Boris Johnson risks US fine or jail over failure to pay American capital gains tax on London property

Boris Johnson risks a hefty fine or even a spell in jail if he fails to pay American capital gains tax on a London property he sold in 2009

New York Lawyer Charged in $5 Million Fraud Outlined in Suicide Note

The U.S. Securities and Exchange Commission also sued Bennett, saying he lured 30 investors with promises of 6 to 25 percent returns and misleading claims that a New York State governor and his then-wife were also investors.

Citigroup dealt second fine for prospectus lapses

Finra said the firm failed to deliver documents after ETFs were purchased by clients

Law Firms’ Profit Projected to Grow by 5% in 2015

The U.S. law firm industry is expected to see another year of profit growth in 2015, driven by an uptick in transactional work amid sagging demand for traditional litigation, according to a new report on the legal industry.

MF Global's investment banks to settle suit for $74 million

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.

Litigator William "Widge" Devaney Joins Baker & McKenzie

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."

Commerzbank US settlement set to top $1bn

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.

Global specialist law firm elects 11 new partners to the Firm

11 lawyers have been newly elected as partners effective January 1, 2015.

Enhancing Risk Monitoring and Regulatory Safeguards for the Asset Management Industry

The New York Times DealBook Opportunities for Tomorrow Conference Held at One World Trade Center, New York, N.Y.

Sterne Agee Takes Ex-CEO to Court over Luxury Spending

The lawsuit comes after the wealth-management firm was told James Holbrook faced federal investigations

SEC chief not pleased over insider trading decision

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.

New York Department of Financial Services Cyber Security Examination

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.

SEC charges advisory firm with fraud for $12mn risky hedge fund investment to retirees

Hedge Fund’s Portfolio Manager Agrees to Settle Charges

Taxing New Rules Make Hiding Cash Harder

More paperwork as governments force wealthy to declare overseas assets.

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.

New York banking regulator probing Barclays, Deutsche Bank's FX algorithm

The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates,

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