07/01/2021
The company relied on algorithms to approve customers for options trading, with only limited oversight by firm principals but "often approved customers to trade options based on inconsistent or illogical information".
07/01/2021
Tokyo-based bank chairman first from Asian lender on board of Bank Policy Institute
06/30/2021
The Swiss investigation aims to clarify whether in relation to this complex of facts any offences could have been committed on Swiss soil.
06/29/2021
Support for making Bitcoin legal tender grows in Latin America
Following the announcement, reactions from businesspeople and politicians across Latin America have been mixed.
06/29/2021
PNC Announces Stress Capital Buffer and Planned Capital Actions
PNC plans to reinstate its share repurchase programs with repurchases of up to $2.9 billion for the four-quarter period beginning in the third quarter of 2021.
06/29/2021
Wells Fargo Issues Statement Regarding the Federal Reserve’s Stress Test Results
The Company expects to increase its third quarter 2021 common stock dividend to $0.20 per share
06/29/2021
US judge throws out Facebook anti-trust lawsuits
This resulted in the social networking giant's market value rising above $1tn (£720bn) for the first time ever.
06/29/2021
In the coming year, issues such as corporate insolvencies and capital and labour reallocation will come to the fore.
06/28/2021
UBS to let two-thirds of staff mix working from home and office permanently
The move by UBS sets a stark contrast between the Swiss lender and many of its US rivals.
06/28/2021
Judges don’t bite on DB defense applying to DC in ERISA cases
If DC sponsors could successfully use this "no harm, no foul" ruling, then they could persuade judges to dismiss complaints, thus reducing the costs of going to trial.
06/25/2021
This tireless work is about helping the most vulnerable among us, a matter of financial integrity but also human integrity.
06/24/2021
Ross Todd from The AM Law Litigation Daily interviews Steve Cirami, VP, Head of Class Actions and Corporate Actions at Broadridge.
06/24/2021
"We were delighted to work alongside the team at Ropes & Gray LLP and we can't wait to see what the combined group does next."
06/23/2021
Investment bank says policy will come into effect on July 12
06/23/2021
When necessary, she ardently defends lead agencies' land use approvals and environmental determinations in judicial proceedings, and frequently heads mediation teams in settlement discussions.
06/22/2021
Additionally, the OSC stated that platforms that allow access to Ontarians are regarded by the OSC as operating in Ontario for the purposes of securities regulation.
06/22/2021
BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.
06/21/2021
SEC Charges Investment Advisers With Cherry-Picking, Obtains Asset Freeze
The investigation is supervised by Danielle R. Voorhees and Joseph G. Sansone. The SEC’s litigation will be led by Christopher E. Martin and Mark L. Williams under the supervision of Gregory A. Kasper.
06/18/2021
SEC says California-based Robert Joseph Armijo personally made over $1 million in commissions by selling unregistered 'distressed market' real estate funds in what regulators say was a Ponzi-like scam.
06/18/2021
Rep violated suitability obligations by investing clients in funds with risky holdings