Managers of Wealth Americas

SEC Investigates 44 Investment Firms on Insider Trading

US regulators have claimed dozens of prominent hedge funds and asset managers were part of an insider-trading scheme involving health care companies.

STEP Private Client Awards - Butler Snow finalist for International Legal Team of the Year

We are honored that our team has been selected as a STEP finalist

SEC Widens Trading Probe to Investment Firms

Regulators Focus on Health-Care Stocks Ahead of Government Announcement

Barclays and Deutsche Bank said to face further scrutiny

The companies, which aren’t named in the notice, are Barclays, Deutsche Bank and hedge-fund manager Renaissance Technologies LLC, the people said. Representatives for each of the companies plan to testify at the July 22 hearing, the people said.

US hedge fund sues for higher Kabel Deutschland offer

Two people familiar with the matter said that Elliott was seeking between EUR 225 and EUR 275 per share, almost three times higher than the EUR 84.63 per share cash offer made by Vodafone.

How Smaller Banks Can Avoid Volcker Rule Headaches

The Volcker Rule was designed to curb big banks' ability to engage in risky and speculative securities trading activities in an effort to prevent future U.S. government bailouts of financial institutions deemed too big to fail.

SEC charges hedge fund adviser with engaging in prohibited principal transactions and retaliating against whistleblower

Paradigm and C.L. King were allegedly under the common control of Weir

New York Jury Acquits Former Hedge Fund Manager of Insider Trading Conspiracy

A former hedge fund manager, of conspiracy to commit insider trading and the use of manipulative and deceptive devices to commit securities fraud.

Bundesbank concerned by U.S. penalties for European banks

A New York court fined French bank BNP Paribas $9 billion last month for doing business in Sudan, Iran and Cuba.

Ernst & Young settles SEC accusations for $4 million

Auditor independence is critical to the integrity of the financial reporting process

Global regulator aims to make corporate penalties more uniform

IOSCO will establish the key tools - including fines, prison sentences, and clawing back ill-gotten gains - that deter financial firms from breaking the rules

U.S. prosecutors offer junior UK traders immunity in forex probe

The deals allow individuals to give authorities information about crimes

Tullett Prebon wins $33m in damages from rival BGC

US regulator rules in favour of London-listed inter-dealer broker run by Terry Smith

Citigroup Will Pay $7B to Settle a Justice Department Investigation

The cash portion consists of a $4 billion civil monetary payment to the DOJ and $500 million in compensatory payments to the State AGs and the FDIC.

Ex-CalPERS CEO Admits Taking Cash Bribes

He admitted to forging letters to allow Villalobos to collect placement agent fee commissions.

Bruised and grumbling, foreign banks bend to U.S. rules

Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.

Steven Cohen Writes a Big Check to the U.S. Government

Steven A. Cohen proved to be a stickler for the letter of the law when it came to paying the criminal penalty imposed on his former hedge fund as part of its guilty plea on insider trading charges.

New Managing Partner for Perkins Coie

John Devaney to Become Firm’s New Leader

Regulators detail new capital buffer for top insurers

Regulators published on Wednesday details of how the world's top nine insurers will calculate their first global capital buffer from 2019 to ensure policyholders are protected in a crisis.

SEC review of alternative mutual funds is imminent: official

The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011.

Legal, Regulation & Compliance