Managers of Wealth Americas

Nyse fined $9 million by SEC over trading glitch

The Securities and Exchange Commission has fined the New York Stock Exchange $9 million for a trading glitch that disrupted opening auctions for more than 2,800 securities.

House Subcommittee Considers Bill to Fold FINRA into SEC

During a hearing before the House Committee on Financial Services, lawyers testified on the effectiveness of FINRA, as the committee considers a bill to transfer the agency's responsibilities to the SEC.

Brazil’s Supreme Court orders the arrest of former head of Banco Master

Police said it was carrying out four arrest warrants and 15 search and seizure warrants issued by the Supreme Court in the states of Sao Paulo and Minas Gerais.

JPMorgan fined €12.18 million by ECB for gross neglience in risk reporting

As a result of the miscalculations, the bank reported higher capital ratios than it should have done, leaving the central bank in the dark as to its accurate risk exposure.

Federal Reserve set to loosen US bank rules in attempt to boost mortgage lending

Central bank plans to ease capital requirements in an effort to shift home lending back to banks, top official says

Dallas Attorney Brent Walker Earns Selection to 2026 Lawdragon 500 Leading Plaintiff Consumer Lawyers Listing

The catastrophic injury firm that bears his name specializes in cases involving severe and life-altering injuries.

SEC Enforcement Chief Defends Division as Atkins Faces Scrutiny Over Crypto Dismissals

Atkins named Judge Ryan as the agency’s enforcement director in September.

Premier leads Cayman delegation to FATF plenary in Mexico

In addition to attending the main Plenary sessions, members of the Cayman delegation will participate in a series of targeted meetings

What does Fed policy mean for investors?

The timing of the next rate cut may be delayed by stronger growth data and early signs of stabilization in the labor market, but the likelihood of further easing increases the importance of putting excess cash to work for investors.

Nubank advances US launch with OCC approval

Nubank is now in the "bank organisation phase" after first filing for a US national bank charter last September, and plans to open a regional bank within the next 18 months.

Labour groups push MPs to force CRA disclosure on offshore tax evasion

Greater transparency is critical to protecting the integrity of the tax system

Trump's JPMorgan lawsuit underscores his growing clash with Wall Street

The move underscores how large financial institutions, expected to be major winners of Trump's sweeping deregulatory agenda

Brazil's Haddad proposes expanding central bank oversight to investment funds

Brazil's federal police have pointed to the use of investment funds with cascading structures in their investigation

Trump’s plan to cap credit card interest rates alarms bank shareholders

Trump’s post is just that – a message on a social media platform.

Can a former advisor win a fight with the Securities and Exchange Commission?

Former insurance agent Dean Vagnozzi claims SEC has dragged his name and reputation through the mud.

Trump’s plan to cap credit card interest rates alarms bank shareholders

Trump’s post is just that – a message on a social media platform.

CIRO launches new proficiency model and first official exams

New exam-based framework arrives for advisors as CIRO reshapes proficiency standards

Canadians need to pay $150 or more in exit fees just to leave their bank — TD Bank is the latest to hike transfer-out fees

Service fees and financial advice costs will increase over time — to reflect the higher cost of goods and service; however, transfer-out fees are not service fees.

Ex-Merrill Broker, Sentenced to Two Years Prison, Ordered to Pay $2.4-Mln Restitution

Rajesh Markan, who had logged over two decades in the industry, pleaded guilty in April to one count of securities fraud and reached a settlement in June with the Securities and Exchange Commission in a related civil case.

SEC Charges WhatsApp Group Operators With $14M Crypto Scam

According to the complaint, fraudsters posed as experienced financial professionals and encouraged retail investors to trade on allegedly fake crypto asset platforms.

Legal, Regulation & Compliance