12/18/2019
Ex-Goldman Sachs director charged in US over 1MDB role
The SEC has issued a penalty of $43.7m in accordance to a separate forfeiture order
Legal, Regulation & Compliance
12/18/2019
$7 Million Insider Trading Probe Charges IT Staffer At $22 Billion Cybersecurity Company
Palo Alto Networks provides tools to prevent insiders from stealing data. Now one of its own is accused of using confidential information for illegal stock trades
12/13/2019
Laidlaw Wealth Management Boosts Investment Offering With Green Harvest Deal
This new expanded relationship substantially enhances Laidlaw’s investment offering and supports our commitment to provide truly innovative solutions for our clients.
12/13/2019
Rand hits 5-month high on US trade deal
The wave of renewed risk appetite saw the rand opening at R14.44 against the dollar – its strongest level since July.
12/13/2019
PenFed Credit Union Expands Investment Services to More Than 200,000 Members in Puerto Rico
PenFed and CUNA Mutual Group Grow Partnership by Enhancing Wealth Management Services on the Island
12/12/2019
J.P. Morgan Reorganizes U.S. Wealth Unit
The goal of the reorganization is to increase the banking goliath’s paltry share of the global wealth market through more focused management oversight.
12/12/2019
U.S. Anti-Money-Laundering Chief Calls for Beneficial Ownership Registry
Changes to the U.S.’s anti-money-laundering regime also have received support from the White House, which in October released a statement commending the passage of the House bill.
12/12/2019
Merrill Lynch Loses FAs to These Rivals
Till began his financial services industry career in 2010 at Merrill Lynch, according to his BrokerCheck profile, and managed approximately $100 million there, Integrated says.
12/12/2019
The Climate Crisis and the White Working Class
Does it really matter to these swing voters? You bet it does.
12/11/2019
HSBC’s private Swiss bank fined over US tax evasion
The bank admitted that between 2000 and 2010, it conspired to defraud the US of taxes, commit tax evasion and file false federal tax returns.
12/11/2019
U.S. Anti-Money-Laundering Chief Calls for Beneficial Ownership Registry
Lack of business-ownership information creates a ‘dangerous and widening gap’ in the national security apparatus, Treasury official says
12/10/2019
Jefferies Settles SEC Claims Over ADR Transactions
The order against Jefferies also finds that it failed reasonably to supervise its securities lending desk personnel concerning borrowing pre-released ADRs from these brokers.
12/09/2019
BNY Mellon connects custody systems to SimCorp Dimesnion
The partnership aims to accelerate the optimization of typically manual investment workflows
12/09/2019
Four big questions as CRA proposal nears official release
“Do bankers who do CRA investing expect to see their lives become a whole lot easier with the reform?” said Julie Hill, a professor at the University of Alabama School of Law.
12/09/2019
Battle royale: SEC locks horns with investors over proxy advisers
Corporate governance advisers at heart of fight that has also pitted investors against companies
12/08/2019
Ten key regulatory challenges of 2020
Financial services risk across business imperatives
12/05/2019
M&A roundup: Friedman, UHY, Blue and others strike deals
Friedman adds Markowitz, Fenelon & Bank; UHY Advisors unites with Becker & Rosen; Blue & Co. merges in Clarus Partners; Barone, Howard & Co. CPAs joins Dermody, Burke & Brown CPAs.
12/05/2019
Judge Rakoff Sentences ‘Silver Platter’ Sean Stewart To 24 Months Prison In Insider Trading Case
Today, US District Judge Jed Rakoff sentenced Sean Stewart to 24 months in prison for insider trading.
12/05/2019
Dentons Peru adds Infrastructure Practice
Commenting on this announcement, Manuel Barrios, Dentons Peru Partner, said: “We are thrilled to be adding this capability with the appointment of two seasoned and respected lawyers. We look forward to being better positioned to address our clients&
12/04/2019
Charles River expands antitrust and competition economics practice
Lopez has experience in applying economic methods to IP and antitrust matters and has advised on high-profile disputes involving fair, reasonable, and non-discriminatory cases.