07/22/2019
SkyKnight Invests in Heffernan Insurance Brokers to Support the Platform’s Continued Growth
Heffernan has grown revenue to over $100 million, primarily through organic growth along with selected acquisitions.
Legal, Regulation & Compliance
07/22/2019
SEC to extend Mifid exemption for US brokers’ research
Banks will not have to register as investment advisers under EU rules
07/18/2019
Combating financial crime - KPMG
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
What you need to know about the mammoth EU-Mercosur trade pact
EU representatives made their motives clear in statements immediately following the negotiations.
07/18/2019
Dickinson Wright Receives Top Rankings
Five Dickinson Wright attorneys are listed as "Leaders in their Fields"
07/18/2019
Madoff Investor Kingate to Pay Back $860 Million
Settlement wraps up one of the largest remaining disputes in liquidation of Bernard Madoff’s Ponzi scheme
07/18/2019
Payoffs, glory-seeking Feds, and hiding in plain sight — here's what 5 experts told us about the $1 billion cocaine bust on a ship owned by JPMorgan
The drugs are worth way less than $1 billion
07/17/2019
Former REIT Manager and Executives to Settle SEC Charges for More Than $60 Million
The SEC alleges that AR Capital, Schorsch, and Block, acting in breach of the relevant proxy disclosures, inflated an incentive fee in both mergers
07/17/2019
Nomura to Pay Misled Bond Customers $25 Million to Settle SEC Charges
The SEC’s orders further find that Nomura lacked compliance and surveillance procedures that were reasonably designed to prevent and detect this misconduct, which inflated the firm’s profits on CMBS and RMBS transactions at its customers&r
07/16/2019
Is blue sky compliance like the SEC or the IRS?
The states were allowed to require a notice filing, which means you are not actually registering, but giving notice of intent to sell in the state.
07/16/2019
IRS Crime Unit Marks 100 Years Of Following The Money And Tackling Crime
Charged with pursuing tax crimes, one of those first agents, Elmer L. Irey, would lead the new crime fighting unit and change history.
07/16/2019
Neal Gerber Eisenberg Private Wealth Practice Group and Three Attorneys Ranked in the Chambers High Net Worth 2019 Edition
Chambers & Partners, one of the world’s leading legal directories, conducts independent research that relies on feedback from industry leaders and clients to identify the top attorneys and law firms from around the world.
07/16/2019
Merrill Lynch fined W175 mil. for high-frequency trading
The securities firm used algorithm-based trading through direct market access.
07/16/2019
Wells Fargo tempers cost-cutting outlook
“We’ve seen a greater need for us to make investments in terms of risks, compliance and audit, all those things that we’re going to need to make investments in, in order to satisfy the requirements of our regulators,” said Interim
07/15/2019
Chambers High Net Worth Guide Recognizes Katten's Trusts and Estates Practice
Katten also was commended for the outstanding legal services it provides in Private Wealth Disputes in New York.
07/15/2019
These recent data breaches generated huge fines, so here’s why your data processing agreements need to be watertight
The final amount of the fines may well be decreased in court.
07/15/2019
House committee OKs multiemployer pension reform bill
Also known as the Butch Lewis Act, the bill would establish the Pension Rehabilitation Administration and a related trust fund within the Treasury Department
07/15/2019
U.S. proposes barring big tech companies from offering financial services, digital currencies
Even if it were to pass the full house, it would still have to pass the senate which would also likely be an uphill struggle.
07/14/2019
Ex-BH Stockbroker Convicted in $200 Million Stock Manipulation Scheme
Prosecutors allege that Ficeto, Homm and the other co-conspirators “fraudulently manipulated the penny stocks to inflate and artificially prop up their prices to exaggerate the purported profitability of the Absolute Capital hedge funds.
07/12/2019
Jeffrey Epstein: Paedophile financier offers private jet and mansion to avoid pre-trial jail
Prosecutors say 66-year-old is 'extraordinary' flight risk