Managers of Wealth Americas

Wells Fargo Advisors Settles SEC Charges for Improper Sales of Complex Financial Products

Misconduct Imposed Substantial Costs on Retail Customers

Credit Suisse wins $300m broker compensation case

According to Laver, the bank deliberately agreed to the recruiting deal rather than selling the unit as a formal sale would have led to a change of control requiring the payments.

The US Supreme Court Wayfair decision's impact on the art market - Withers

This new development may negatively affect New York art merchants, who often arrange shipments of out-of-state deliveries using fine art carriers.

Ottawa Implementing New Reporting Rules For Trust Funds

Trusts only have to reveal that they exist when they voluntarily file a tax return to the Canada Revenue Agency.

New trust fund rules meant to crack down on tax evasion

Tough penalties will force those who don’t file to consider the consequences of staying in the shadows.

Deutsche Bank stressing out about US stress tests

Germany’s largest bank seems doomed to fail the review by US regulators, causing further damage to its reputation and loss of key personnel.

Fed says all banks met minimum capital requirements after stress tests

Banks would have suffered cumulative $578 billion in losses under hypothetical recession

Merrill Lynch Admits to Misleading Customers about Trading Venues

Will Pay $42 Million Penalty to Settle Charges

L.A. Firm Hires Two Partners From Blank Rome

Litigators Leslie Corwin and Simon Miller Join Leading Business and Entertainment Boutique

FINRA Revamps Its CRD Program

FINRA is overhauling its registration and disclosure programs, advisors aren’t worried about market volatility and how to talk to clients about betting on the World Cup.

New Chubb Whitepaper Summarizes Recently-Implemented EU General Data Protection Regulation; Puts Regulation into Perspective for U.S. Companies

This whitepaper is representative of Chubb's commitment to provide context to a complicated topic and to put this new regulation into perspective for U.S. companies."

Greenberg Traurig has 2 Winners, was Finalist for 21 Other Honors at Euromoney’s ‘Americas Women in Business Law’ Awards

Global law firm Greenberg Traurig, LLP had two winners and was a finalist for 21 other honors at the Euromoney Legal Media Group’s annual “Americans Women in Business Law Awards’ ceremony.

Merrill Lynch ordered to pay $15.7M for cheating customers in mortgage bond trades

SEC orders company to pay up for misleading customers

The Little-Known IRS Agent Who Exposed the Biggest Scandal in Sports

Just in time for the World Cup, a new tell-all traces the criminal underbelly of “the beautiful game.”

Ex-Morgan advisor seeks to nullify $1.2M arbitration loss

“The arbitrators exceeded their authority under the promissory notes and breached the FINRA rules of procedure … when the panel was composed,” according to the petition.

Andersen Global Adds Legal Services in Brazil

The addition gives us full service legal capabilities,” remarked Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz.

US Bank Wells Fargo Bans Crypto Purchases With Its Credit Cards

With this move, Wells Fargo joins a wave of financial institutions banning the purchase of cryptocurrency with their credit cards.

Raymond James joins NEO Connect

Those benefits include more efficient, actively managed mutual funds for investors without having to meet minimum investment requirements or needing to link accounts to reach certain thresholds.

Trump eager to sign bill rolling back banking regulations

“Big legislation will be signed by me shortly,” Trump tweeted.

Wells Fargo plans to lay off 46 employees in Menomonee Falls

Wells Fargo said it would assist the employees in finding open positions within the company as well as provide outplacement services.

Legal, Regulation & Compliance