05/20/2024
Although most Advisers did seem to adopt and implement policies to comply with the updated rule, the SEC’s Division of Examinations staff observed a number of non-compliant practices, the most salient of which are summarized below.
05/17/2024
The real-world assets will then be used as collateral for a token issuance by the Luxembourg SPV to accredited investors in the UK and the U.S.
05/10/2024
The company also failed, on thousands of occasions, to report large virtual currency transactions of C$10,000 or more in the course of a single transaction.
05/08/2024
Completing KYC forms outside registered scope among violations of rules
05/04/2024
Absent immediate injunctive relief, Plaintiffs will be forced to unnecessarily waste time and resources
05/02/2024
Leading forensic accountants share their insights on the schemes most likely to affect CPAs and their clients.
04/12/2024
The regulators are investigating whether Morgan Stanley has properly investigated potential clients and their sources of wealth, as well as how it monitors their financial activity.
04/12/2024
The Certified Investment Management Analyst® (CIMA®) certification program has been updated to reflect the current knowledge, skills and capabilities needed for today’s advanced practitioner.
04/11/2024
Prior to the Termination Date, TDAM will, to the extent reasonably possible, sell and convert the assets of the Terminating ETFs to cash.
04/08/2024
Ongoing training required for appropriate persons
04/05/2024
The second-largest U.S. bank began the program five months earlier to address the pandemic's impact on its 66 million individual and small business customers.
04/03/2024
The wirehouse filed a suit against Gregory Chevrier, claiming he was draining revenue going to the widow of a Morgan Stanley advisor by luring clients away.
04/02/2024
ver the last three years, 10% of the firm’s new hires in the U.S. have been individuals
03/26/2024
Operating in America’s regulation-by-enforcement environment is akin to building a house without a blueprint
03/26/2024
CI GAM to significantly reduce fees on five asset allocation funds
03/25/2024
Chief Justice Cheltenham expressed gratitude at the project launch.
03/23/2024
It is the largest reported recovery ever under the Illinois False Claims Act
03/21/2024
The Fed is likely to tolerate a couple of months of disappointing inflation data.
03/21/2024
The cost associated with failing to comply with regulatory standards is surging, not just financially but also in terms of the potential damage to a firm’s reputation.
03/19/2024
The unexpected surge in producer price inflation has rattled the market, fueling concerns that the Federal Reserve may not lower interest rates in the near term.