Managers of Wealth Americas

SEC and CFTC promise to crack-down on virtual currency fraud

The Divisions of Enforcement for the SEC and CFTC will continue to address violations and bring actions to stop and prevent fraud in the offer and sale of digital instruments.

Finra Bars Two Reps In Connection to Fund Misuse

Separately, Finra has barred Matthew Peregoy, who was registered with Investors Capital Corp. from January 2006 to July 2016

Canada pension fund launches rate rigging case

The lower the CDOR rate, the less interest the banks would owe on such positions.

Ex-Katten Partner Launches Legal-Focused Investment Firm

Darius Goldman, a former head of distressed debt at Katten Muchin Rosenman in New York, has some thoughts about the Big Law business model.

What Will Waivers for Convicted Banks Mean for the Financial System?

Trump owed Deutsche Bank about $130 million, according to a report last June from the U.S. Office of Government Ethics.

Regulators Slap Banks, MSBs and Card Club with AML Violation Penalties

In 2017, federal and state regulators stepped up AML enforcement.

Cyprus company sues ex-Trump campaign manager Manafort for fraud

Manafort and Gates are already under criminal indictment by Special Counsel Robert Mueller

Canada to introduce new stricter bank capital rules

That compares with a floor of 72.5 percent based on a standardized approach that global regulators agreed on in December.

Massachusetts Hedge Fund Manager Pleads Guilty to Fraud

The regulator said both men misled investors about the funds’ performance.

Andorra Bank Eyes Argentina Wealth Management in LatAm Expansion

Andbank, which already named Gonzalo Tarasido to head up the effort in Argentina, is also considering partnerships with brokerages in the country.

Miami Lawyer Accused of Bilking Former Partner and His Widow

The suit paints a picture of a slippery attorney looking to take advantage of his partner's fragile mental state, and later defraud a widow.

Massachusetts hedge fund manager pleads guilty to fraud

Murakami declined to comment outside after a court hearing.

US Says Amici Not Helpful In Unique $21M Tax Refund Fight

Covington & Burling LLP partner Sean Akins, Villanova Law School professor Leslie Book and Fred Murray, director of the University of Florida’s graduate tax program, filed an amicus brief on Thursday

CFRA Announces New Client Relationship with SA Stone Wealth Management

“We believe access to robust, independent research is vital for our advisors to best serve their clients’ needs"

Morningstar names Devbridge Group as 'Featured Integration Partner'

"Our clients have great ideas on how to innovate. Devbridge provides a proven process to quickly turn ideas into products."

Concierge Auctions Accepting Global Properties For February Sale Targeting High-net-worth Chinese Buyers

Bidding event to showcase an exclusive collection of premier properties to global buyers, including outreach to the world's second largest economy in partnership with The Wall Street Journal and Mansion Global

Looted antiques seized from Manhattan billionaire's home

The district attorney's office declined to comment on the evidence underpinning the search warrants.

Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says

The indictment was unsealed Wednesday by federal prosecutors in Brooklyn.

Merrill Lynch Bans Clients From Bitcoin Investment Trust

The Bitcoin Investment Trust was founded in 2013 by the serial-digital currency entrepreneur Barry Silbert.

UBS Broker Wins $400,000 from Ex-Partner in Slander Case

“The panel determined that Grimes’ false and disparaging statements are not protected by the First Amendment,”

Legal, Regulation & Compliance