09/25/2018
Omnibus accounts let advisors trade securities on behalf of multiple clients at the same time in a “block trade” without identifying to the broker which trade was made for which client.
09/25/2018
“Bitcoin is fundamentally a technological system with many nooks and crannies,” Bishop told Forbes.
09/25/2018
Smith Moore Leatherwood, once a small regional firm, will now step into the AmLaw 100.
09/25/2018
If proven, the allegations could lead to 20 years in prison
09/24/2018
Litigators from Cooley and Jackson Lewis have left each firm to branch out on their own.
09/24/2018
Last month LPL, which did not provide a response to an inquiry for this story, filed an answer to Beaufort’s complaint.
09/23/2018
The direction governs the specific circumstances under which Colorado law will require a crypto exchange to have a money transmission license.
09/22/2018
The SEC appreciates the assistance of the U.S. Attorney's Office for the District of Maryland and the Federal Bureau of Investigation.
09/21/2018
The firm’s legal maneuvering mirrors similar court battles it initiated earlier this year against other ex-Morgan Stanley advisors who moved to rival firms.
09/21/2018
Favored clients allegedly got the winning trades and others got the losers so the firm could profit more.
09/21/2018
In its statement announcing the reversal, Merrill Lynch emphasized the flexibility the decision would provide clients.
09/20/2018
But the broker is arguing that two of the arbitrators violated the industry’s self-regulator’s procedures, AdvisorHub writes, citing a petition to vacate the award filed in the southern district of New York by Miller’s lawyer.
09/20/2018
This cooperation is especially important given transition in the UK’s regulatory relationships as it withdraws from the European Union.
09/20/2018
Brazil’s anti-trust agency has launched an investigation into six of Brazil’s financial institutions as a result of potential illicit trading practices.
09/19/2018
Among the factors that increase the chance of an athlete being defrauded is misplaced trust in financial advisors, business managers and family, according to the report.
09/18/2018
The pressure to hike will be particularly strong for Brazil and SA, both of which have seen their currencies plunge this year
09/18/2018
China may bide its time, but we expect they will follow with tariffs on a further $60 billion of imports from the US.
09/17/2018
Danish and Estonian authorities have been investigating the bank and have shared information with their U.S. counterparts, several European officials familiar with the matter told the news outlet.
09/14/2018
Founder Timothy Enneking and his company illegally sold stakes in the hedge fund to U.S. investors.
09/14/2018
The more money a client has, the bigger the target on their back.