08/03/2014
The United States has placed a German financial institution under strict surveillance for clearing payments for Zimbabwe’s diamonds at the recent Dubai diamond tender, state media reported Sunday.
08/01/2014
The SEC’s investigation resulted from a broker-dealer examination of the firm
08/01/2014
The SEC conducted a dragnet to determine who in the agency allegedly leaked information about a JP Morgan "London Whale" settlement, CNBC has learned.
07/31/2014
The jury found that Countrywide executives deliberately misrepresented the quality of mortgages being sold.
07/31/2014
Former UBS AG banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel to the U.S.
07/30/2014
Hedge Fund Prosecution Specialist Joins NY Law Firm
The Chief of the Securities and Commodities Fraud Task Force and the prosecutor who took down Raj Rajaratnam, the billionaire head of the Galleon Group hedge fund, has joined NY law firm Ropes & Gray.
07/30/2014
This note sets out our agreed conclusions.
07/30/2014
New York's banking regulator is seeking to place government monitors in the US offices of Deutsche Bank AG and Barclays Plc as part of its investigation into the foreign-exchange market, a person familiar with the matter said. The New York Departmen
07/29/2014
The former chief operating officer of Philip Falcone's hedge fund Harbinger Capital Partners has agreed to pay $200,000 to resolve charges he aided a scheme to misappropriate fund assets
07/29/2014
Credit Suisse, one of the biggest players in dark pools, said last week the bank was working with regulators to stamp out potential abuses in the alternative trading venue.
07/29/2014
Ex-Harbinger COO settles SEC claims he aided fraud
The settlement papers were filed in U.S. District Court for the Southern District of New York and must be approved by the court.
07/28/2014
According to the SEC’s order instituting a settled administrative proceeding, LavaFlow allowed an affiliate operating a technology application known as a smart order router
07/28/2014
Some are earmarked for specific purposes while various departments and officials haggle over the rest
07/27/2014
Deutsche Bank AG (DBK), HSBC Holdings Plc (HSBA) and Bank of Nova Scotia were accused in a lawsuit of rigging the price of billions of dollars in silver, an allegation similar to earlier suits involving the London gold fix.
07/27/2014
The banks are not required to hand over client names as part of the deal, but must commit to handing over information which will help U.S. officials set up judicial aid requests to pursue tax dodgers.
07/25/2014
The British bank files rebuttal to serious allegations made by New York Attorney General over promotion of its electronic trading platform
07/25/2014
The SEC charged Morgan Stanley with violations of Sections 17(a)(2) and (3) of the Securities Act of 1933.
07/24/2014
On an unlevered basis, our models produce modest returns with very low volatility
07/24/2014
The Goldensons claimed New York-based Spring Mountain invested money in a Madoff feeder fund without their knowledge, resulting in losses. The couple sought the return of $4.8 million plus damages for mental anguish.
07/23/2014
A hedge fund is joining the legal fight against Puerto Rico's new debt-restructuring law