11/24/2020
Qatar in 2018 alleged that First Abu Dhabi Bank, the United Arab Emirates’ largest lender, made “bogus” foreign exchange deals to harm Qatar’s economy after the UAE and other Arab states began a boycott of Qatar in 2017.
11/24/2020
Former hedge-fund manager Michael Steinhardt says the gallery misled him during a consignment.
11/24/2020
Stifel itself agreed in May to pay more than $3.6 million for allegedly giving inaccurate information on the costs of rollovers and related supervisory violations.
11/24/2020
According to the Order and the complaint, for several years, Wells, Stumpf and Tolstedt publicly touted Wells’ cross-selling strategy as key to Wells’ successful growth
11/20/2020
These non-US resident tax members are responsible for assessment on any net profits at 30% of their US-sourced income.
11/20/2020
US firms should consider the impact of the law, as well as AML concerns that may arise from any transactions with institutions in the country.
11/19/2020
Pulling “Shadow Banking” Out of the Shadows: FSB Report on March 2020 Turmoil Signals Increased Regulatory Scrutiny of Non-Bank Financial Intermediation
The Report also recommends that, based on the FSB’s analysis, the international efforts to boost the resiliency of NBFI focus on three main areas
11/19/2020
So as your teams are getting reoriented after the election here in the US, we’d love to talk to you about your international plans for 2021.
11/18/2020
The orders against each firm found that the firm failed to implement written policies and procedures reasonably designed to prevent violations of the Investment Advisers Act of 1940 and the rules thereunder.
11/16/2020
More than $3 Million to be Returned to Harmed Retail Investors as Part of Ongoing Risk-Based Initiative
11/16/2020
The SEC has awarded more than $720 million to 113 individuals since issuing its first award in 2012.
11/16/2020
Schumacher blames the Federal Reserve’s recent interest rate decision, in addition to its deafness, on the weakening trend of the dollar.
11/16/2020
Burford is the leader in its field and we congratulate them on this success.
11/15/2020
The SEC’s filings include settled charges against Stumpf, who agreed to pay a $2.5 million penalty, and a litigated action alleging Tolstedt committed fraud.
11/13/2020
US Labor Department rule on impact investments was opposed by asset managers
11/13/2020
Lawyers for JPMorgan and the Nigerian government said at the end of a London court hearing Thursday that the bank would clarify who was involved in the decisions on the payments. The trial is expected in early 2022.
11/13/2020
Their research is based on feedback from 300,000 clients worldwide, submissions from law firms and interviews with leading private practice lawyers, and a team of researchers with unrivalled experience in the legal market.
11/12/2020
The targeted exam was prompted by a June 4 settlement with Merrill Lynch.
11/11/2020
Goldman Sachs has to deal with unprecedented punishment for bribery.
11/10/2020
Terrence Chalk, aka Dr. Cash, allegedly hid his criminal past to defraud investors out of more than $4 million.