06/05/2014
The Financial Industry Regulatory Authority today announced it has censured and fined Barclays Capital Inc.; Goldman, Sachs & Co.; and Merrill Lynch, Pierce, Fenner & Smith, Inc., $1 million each for failing to provide complete and accurate infor
06/05/2014
One of the biggest issues facing foreign banks is whether they will need to sell investments
06/04/2014
2,000 funds now have access to compliance and reporting services through SS&C GlobeOp’s Regulatory Solutions Group
06/04/2014
They escorted him to a security room, then dropped their bombshell
06/04/2014
Jeffrey Epstein pleaded guilty to a charge of soliciting prostitution
06/04/2014
If there is a an error or a violation then it's normal that there is a fine
06/03/2014
The expert in relations between Cuba and the United States recalled that when Barack Obama was running for president, he admitted a total failure of policy towards the Caribbean nation and promised to find a new direction.
06/03/2014
The criminals effectively held for ransom every private email, business plan, child's science project, or family photograph
06/02/2014
Investors, including the city of Philadelphia and a number of hedge funds and pension funds, accused the banks of conspiring since January 2003 to manipulate the WM/Reuters Closing Spot Rates, using chat rooms, instant messages and email.
06/02/2014
FATCA will apply to foreign entities
06/02/2014
Hedge fund manager Nelson Obus was cleared of insider-trading allegations on Friday, ending a decade-long legal battle.
06/02/2014
The CFO of a company that claimed to be "one of the world's largest private investment firms" aided and abetted a $7.4 million scam in a fund that he knew "did not exist,"
05/30/2014
The SEC alleges that Goyal told investors that the private funds he managed would invest in securities following a "long-short" trading strategy.
05/30/2014
BNP Paribas is facing a potential $10bn fine from the US Justice Department to resolve a criminal probe into allegations it evaded US sanctions against Iran
05/29/2014
The unlawful actions by HPM and the employee defendants could best be described as an economic coup d’etat, which seeks to obtain DB’s critical client base as its spoils.
05/28/2014
Lack is among about three dozen foreign bankers, lawyers and advisers who have been charged since 2009
05/28/2014
These companies allegedly violated anti-money laundering laws by failing to identify the true beneficial owners of their accounts.
05/28/2014
Fabrice Tourre, a former Goldman Sachs trader, misled investors on the sale of mortgage-linked securities
05/28/2014
Arab Bank said the judge’s ruling was forcing it to choose between running afoul of the U.S. court and violating bank secrecy laws in Lebanon, Jordan and other countries.
05/28/2014
An astonishing 89% of investors polled by Intralinks and Opalesque have declined to put money with at least one hedge fund due to transparency concerns.