10/02/2017
Bank watchdogs in final reform effort as fatigue sets in
The United States and Europe are split over one arcane but crucial remaining element of the package, the extent to which banks can rely on their own internal risk models.
Legal, Regulation & Compliance
10/02/2017
Withers and Stephenson Harwood hire from US rivals
Immigration is one of the primary issues of our time, driving changes in politics and societies around the world.
09/29/2017
Notice regarding Judgment in Litigation against Subsidiaries
The United States Court of Appeals for the Second Circuit rejected the appeal of the Defendants.
09/28/2017
Argentina to allow advisors to invest citizens' funds overseas
The change would provide legal assurance to private banks.
09/28/2017
Ex-U.S. software chief, ex-Australia bank exec charged in bribery scheme
Arrest warrants have been issued for both defendants.
09/27/2017
Global law firm Recognized in 2017 Chambers High Net Worth Guide
Global law firm Greenberg Traurig was recognized in the second annual Chambers High Net Worth Guide for its impressive depth and national coverage in its Private Wealth Services team.
09/27/2017
Texas Jury Finds JP Morgan Chase Violated Estate Administration Duties
Dallas Widow and Step-children Awarded Millions in Actual Damages and Attorney Fees for Bank's Malicious Mismanagement of Estate of Deceased Airline Technology Innovator
09/27/2017
Conyers advises Despegar on its US$2 billion IPO
Landmark transaction demonstrates BVI is open for business after Hurricane Irma
09/27/2017
CFTC fines Citi $550,000 for LEI failings
The Order recognizes Citi’s cooperation with the CFTC’s investigation.
09/26/2017
Asset-Management Firm Claims It Was Stiffed by Kushner Company
But according to the complaint, which was filed in the Prince William Circuit Court of Virginia on September 20, Kushner Companies refused to pay the fee
09/26/2017
SEC sets up cyber enforcement division
The Retail Strategy Task Force will develop proactive, targeted initiatives to identify misconduct impacting retail investors.
09/26/2017
Pay ratio clarifications: SEC adopts new guidance
The Staff guidance addresses the use of estimates, statistical sampling and other reasonable methodologies in determining the pay ratio and includes examples illustrating possible applications of the Commission’s guidance under several scenarios.
09/25/2017
BNY Mellon Completes Successful Migration of Man AHL Book of Business
Man AHL, a pioneer in systematic trading, selected BNY Mellon as administrator following an extensive market search.
09/25/2017
SEC Charges Former RIA Over Misleading Investors
Moses had been a contractor at the unnamed fund and was dismissed after six months when his trading strategies didn’t pan out, the regulator claims.
09/25/2017
A $2,700 donation by a BlackRock executive could cost the firm $37 million
The ban is in effect for two years after the contribution is made.
09/25/2017
Defined Contribution Plan Sponsors Are Maximizing Their Fiduciary Responsibility from Oversight to Participant Experience
As contribution and investment decisions move from the hands of finance departments to individual participants.
09/25/2017
Morgan Stanley Ordered to Pay $13M Over UIT Sales
Firms must adequately supervise representatives’ sales of UITs
09/24/2017
Shari Arison to sell half of her stake in Bank Hapoalim to US investors
Heiress signs preliminary accord with investment firms and institutional investors for the sale of about 49% of Arison Holdings
09/23/2017
US agency claims huge hole in Westinghouse's pension plan
The Pension Benefit Guaranty Corp estimated the pension plan is unfunded by USD 937 million.
09/21/2017
Guggenheim CEO denies links to female exec’s $13M mansion
Court, who has been with Guggenheim since 2010, is on a sabbatical that was expected to end Sept. 1 but was extended 30 days.