Managers of Wealth Americas

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,”

Ex-Hedge Fund Exec Ordered To Pay $4M For Securities Fraud

Michael J. Spak, the former CEO of Osiris Partners LLC, was ordered to pay restitution to a list of more than 70 Osiris investors in amounts ranging from $14,000 to $222,000

Ex-Merrill Lynch Manager Loses Mormon Bias Appeal

A three-judge Fourth Appellate District panel shot down dozens of complaints about Riverside County Superior Court Judge Gloria Trask’s handling of the trial

What Happens When a Spouse Hides Money During a Divorce?

Some well-to-do spouses still engage in complex and expensive schemes in the attempt to keep assets for themselves and out of the pool of community property.

FINRA hits JP Morgan Securities with $2.8M fine over custody failures

The SEC rule creates requirements to protect customers' funds and securities.

Shkreli’s ex-lawyer convicted of aiding him in fraud scheme

Evan Greebel, a former lawyer for Martin Shkreli's pharmaceutical companies, was found guilty of helping Shkreli steal US$11 million

Citigroup to pay $11.5m over false stock ratings

The firm’s actual research reports, which were available to brokers, and the research ratings appearing in those reports, were not affected by these errors.

LPL on the Hook $462K For "Failures" Over Ex-Broker’s Ponzi Scheme

The SEC alleges from March 2011 to June 2016, Fossum raised over $20 million from more than 100 investors through unregistered securities offerings of funds he owned and controlled.

Legal, Regulation & Compliance