09/25/2014
Swiss Bank Agrees to Pay $850,000 for Unregistered Trading
As part of the settlement agreement, the respondents have agreed that they breached securities laws regarding registration requirements.
09/25/2014
A convicted hedge-fund fraudster will have to serve out one of the longest-ever sentences for running a Ponzi scheme.
09/25/2014
The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act
09/24/2014
Quan and his companies invested hedge fund money in Petters' scheme
09/24/2014
Accredited investors now have greater access to hedge funds once available only to the wealthy elite.
09/24/2014
After its wealth management business in the U.S. acquired the advisory business of Lehman Brothers in September 2008.
09/24/2014
A townhouse battle on the Upper East Side spilled into court Tuesday when a retired publishing exec slammed his hedge fund neighbor with a $20 million suit over a three-year renovation.
09/23/2014
A New York-based private equity advisory firm will pay $2.3 million to settle civil charges that it breached its fiduciary duty to two funds by improperly allocating certain expenses in their company portfolios
09/23/2014
The SEC lifted its 80-year-old ban on hedge-fund advertising last year
09/23/2014
Frank Tamayo, 41, was the middleman in what prosecutors called a three-man scheme that generated $5.6 million in illegal profits over five years
09/23/2014
Hedge fund advisers, in some cases, are showcasing performance of specific investments they made in prior years
09/23/2014
The SEC’s potential regulatory action is in response to apparent increasing concern that the multitrillion-dollar asset management industry could create substantial instability
09/23/2014
The SEC’s order finds that multiple groups responsible for compliance or supervision within Wells Fargo received indications that the broker was misusing customer information.
09/23/2014
The Securities and Exchange Commission today announced an expected award of more than $30 million to a whistleblower who provided key original information that led to a successful SEC enforcement action.
09/21/2014
The question at hand is, if BofA doesn’t own these mortgages, who does?
09/19/2014
Ex-Hedge Fund Chief Cheated Clients To Buy Porsche
The SEC Enforcement Division alleges that Cooper, a resident of New Orleans, willfully violated Sections 206(1), 206(2), 206(4), and 207 of the Investment Advisers Act of 1940
09/19/2014
Offshore law firm Mourant Ozannes has been honoured at the prestigious 2014 American Lawyer Global Legal Awards
09/19/2014
SEC Is Examining Whether Perks Were Offered in a Bid for Business
09/18/2014
SEC settles with BlackRock, others over trading infractions
The SEC charged BlackRock Institutional Trust with buying offering shares during the restricted period three times from April 2010 to March 2011
09/18/2014
Exodus hits U.S. law firm Bingham amid merger talks
Twenty-two partners have jumped ship en masse from Bingham McCutchen's marquee restructuring practice, raising questions about the fate of the law firm's closely watched merger talks with the larger Morgan Lewis & Bockius.