04/28/2022
Sung Kook (Bill) Hwang – the Founder and Head of Archegos – and Three Others Charged with Racketeering and Fraud Offenses Related to Market Manipulation Scheme
04/26/2022
The proposed rules cover information provided to investors related to greenhouse gas emissions and climate change risks
04/25/2022
Earlier in the day, Russian Ambassador Anatoly Antonov said that Bank of America closed the accounts of two Russian consulates general in Houston and New York.
04/25/2022
The bankers allege that the bureau has already concluded that the financial services market is not competitive, and that fees are hidden and hurt consumers.
04/22/2022
Institutions or individuals that manage pensions overseen by the Labor Department are required to get permission to continue operations in the event of certain criminal convictions.
04/22/2022
Task Force KleptoCapture will operate out of the Office of the Deputy Attorney General, but will also include agents and analysts from numerous law enforcement agencies.
04/22/2022
Though some companies voluntarily report climate-related information, currently there are not any standardized requirements imposed by the SEC.
04/21/2022
The officer was fired in 2018, and sued the firm later that year for defamation, initially winning an $11.1 million award following arbitration.
04/21/2022
The firm was also recently recognized as “North America Legal Advisor of the Year” by Proximo for the second year in a row
04/21/2022
Proposed Rules would establish three (3) qualitative standards designed to require registration of market participants who engage in a routine pattern of buying and selling securities
04/21/2022
All of the investigations received assistance from the SEC’s Office of International Affairs
04/19/2022
German Nino pleaded guilty to wire fraud in Florida federal court for stealing more than $5 million from clients and spending it on 'romantic partners,' according to the DOJ.
04/18/2022
“There will be pain. I don’t see how the Fed can [fight inflation] without having growth less than potential for some period of time.”
04/14/2022
US attorney general Merrick B. Garland said the case was the first seizure of a Russia-linked sanctioned individual’s assets and promised that it would “not be the last”.
04/14/2022
Although the proposed rules remain subject to comment, in many ways they reflect preexisting SEC expectations for how regulated entities should manage cybersecurity risks and report cybersecurity incidents.
04/14/2022
The investment by the US Department of Treasury is part of the Federal Government’s response to the COVID-19 pandemic.
04/14/2022
It has further set up a branch as a state registered investment advisor in New Jersey.
04/11/2022
With approval from the U.S. Office of the Comptroller of the Currency, Hightower launches Hightower National Trust Company, offering corporate and administrative personal trust services for Hightower advisors and their clients.
04/08/2022
This Legal Update focuses on who is affected, what the affected entities need to do and when the guidance applies; summarizes Commissioner Hester M. Peirce’s response to the Bulletin; and discusses some practical considerations for affected entities
04/08/2022
While the Proposed Rules are still in the comment period, private fund advisers and investors alike should familiarize themselves now with the many changes that the Proposed Rules would impose.