02/07/2014
The CommoOver the past five years, Masters built the biggest physical commodity trading operation on Wall Street at JPMorgan, surpassing in size long-time giants Goldman Sachs and Morgan Stanley.dity Futures Trading Commission on Thursday voted on the new
02/07/2014
The Securities and Exchange Commission today announced charges against two Wall Street traders involved in a fraudulent “parking” scheme in which one temporarily placed securities in the other’s trading book to avoid penalties that would
02/06/2014
JPMorgan Chase & Co. Bear Stearns unit won dismissal of a suit brought by hedge fund SRM Global claiming it had lost more than $200 million
02/06/2014
BBH executed these transactions despite the fact that it was unable to obtain information essential to verify that the stocks were free trading.
02/05/2014
The $1.45 million penalty will be allocated between 16 women employees.
02/05/2014
The SEC noted industry trends and best practices, as well as key areas in which investment advisers’ due diligence processes tend to be deficient.
02/04/2014
He has a long history of advising on U.S. broker-dealer regulation and extensive personal experience with U.S., U.K., Swiss and other bank regulators that will be of great benefit to our regulatory practice.
02/04/2014
Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.
02/04/2014
Quinn Emanuel Urquhart & Sullivan legal titan John Quinn tells The Lawyer why each associate is being handed $2,000 to spend a week working anywhere in the world. Clue: it’s not to unwind.
02/04/2014
Rule 105 prohibits any person who makes a short sale of securities during a defined restricted period prior to the pricing of that offering from purchasing the same securities in that offering.
02/04/2014
Pump-and-dump schemes are among the most common types of fraud involving microcap companies.
02/03/2014
International law firm Continues Expansion of M&A Practice
They Join New York Office from Akin Gump and Allen & Overy
02/03/2014
The most recent lawsuit forms part of a legal campaign being waged by hedge funds in various courts across the world, seeking to recoup money which was lost by betting on a decline of Volkswagen's share price in 2008.
02/03/2014
We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend
01/30/2014
A jury has already found Bank of America, which subsequently bought Countrywide, liable. After that decision, the judge setting the penalty asked the parties for Countrywide’s gains rather than the Fannie and Freddie’s losses.
01/29/2014
The world’s biggest banks exceed or comply with capital levels under regulators’ Basel 3 proposals five years before deadline, according to Fitch Ratings.
01/29/2014
The Office of the Comptroller of the Currency has already told banks to avoid some of the riskiest junk loans to companies, but is alarmed that banks may still do such deals by sharing some of the risk with asset managers.
01/29/2014
Jefferies Group LLC, the investment bank owned by Leucadia National Corp., agreed to pay $25 million to settle U.S. criminal and civil probes of suspected abuses in the trading of mortgage-backed securities after the financial crisis.
01/29/2014
Senior U.S. officials are clashing over whether the asset-management industry poses risks to the financial system, setting up a fight over whether the industry should face tougher oversight.
01/28/2014
HSBC was found to have laundered over $670 billion over the course of four years, and this makes BitInstant's total amount pale in comparison.