08/16/2019
Bailey Brauer Co-Founders Recognized by Best Lawyers in America
Clayton Bailey, Alex Brauer earn commercial litigation, appellate honors
Legal, Regulation & Compliance
08/15/2019
The anatomy of an alternative mutual fund
When the Amendments came into force on January 3, 2019 (the Effective Date), all commodity pools that existed before the Effective Date were automatically converted to alternative mutual funds.
08/15/2019
Wall Street asset manager claims boss coerced her into sex in exchange for supporting her investment fund - and says she was sacked when she complained to HR
She claims she was fired when she cut things off, and filed a complaint with HR.
08/15/2019
CPPIB tops $400-billion in assets for the first time
The Canadian dollar rose about 2 per cent in the quarter versus the U.S. dollar.
08/14/2019
SEC Files Emergency Action Against Organizer of 'Fraudulent' $15 Million ICO
The Commission’s complaint, filed in federal court in Brooklyn, New York, alleges that the Defendants marketed and sold securities called “VERI” tokens on the internet, inducing retail investors to invest based on multiple material misre
08/13/2019
SEC Division Of Corporate Finance Issues Second No-Action Letter For A Bloakchain Token Issuance
To date, Bitcoin and Ether have avoided being characterized by the SEC
08/13/2019
$500 Billion in Dividends out of the Double Irish with a Dutch twist (with a bit of Help from Bermuda)
The offshore profits of a lot of U.S. companies were, so to speak, summering in Ireland and wintering in Bermuda.*
08/13/2019
Supreme Court Hands HNW Clients New Trust Planning Strategy
The Court has essentially opened the door to trust planning that could avoid state taxation altogether.
08/13/2019
Schwab sues former employee for soliciting high-net-worth client
The brokerage house claims a former employee violated his contract after leaving in March to start his own practice.
08/13/2019
Is Your Passport Subject to Revocation Because of Tax Debt?
On August 8, 2019 the IRS issued News Release 2019-141 urging taxpayers to resolve their significant tax debt to avoid putting their passports in jeopardy.
08/12/2019
Jeffrey Epstein: Questions raised over disgraced financier's death
"What a lot of us want to know is, what did he know?" Mr de Blasio, who is also running for the Democratic presidential nomination, told reporters in Iowa.
08/12/2019
Billion-dollar bond scandal hits Goldman Sachs
It’s a taste of the latest scandal to blacken the name of Goldman Sachs.
08/12/2019
Burford Capital Charges Market Manipulation; Gotham City Joins Attack
This followed Muddy Waters writing on Twitter on Tuesday, without naming Burford, that it had opened a "new short position on an accounting fiasco that's potentially insolvent and possibly facing a liquidity crunch".
08/09/2019
Danske's Bid to Stop U.S. Class Action Lawsuit Hits Obstacle
New York judge denies Danske’s motion to dismiss as moot
08/08/2019
Deloitte sues hedge fund manager
This isn't the first time Leach has been in the news for failed life settlement funds.
08/08/2019
If you’re a U.S. taxpayer with a foreign bank account, you need to know about FBAR
The IRS tracks foreign assets held by U.S. taxpayers in a number of ways, primarily through supplements that must be completed and filed with federal tax returns.
08/08/2019
Cryptocurrencies and the IRS: What you need to know
Some taxpayers reported their CVC transactions on timely filed income tax returns.
08/07/2019
Chinese tycoon Li Jianhua fights daughter over Canada real estate fortune
The former Chinese politician denies ‘each and every allegation’ by daughter Carol Li Xiaoqi in their battle over Vancouver assets worth millions
08/06/2019
Another Swiss Bank Settles U.S. Tax
U.S. Tax Dispute: Five to Go
08/06/2019
National Pension Fiasco Merits Real Reform, Not a Bailout
A bill that passed the House will do nothing except pile up more debt.