Managers of Wealth Americas

SEC slaps $35 million fine on State Street for order handling deceptions

The subscriber used Last Look to reject 57 matches that each had a $1 million face value.

SEC: Adviser Charged With Stealing Investor

According to the SEC’s complaint, Newsholme used investor money for personal expenses, gambling in Atlantic City, and Ponzi-like payments to clients who sought a return of their funds.

Practical FATCA and CRS compliance for family trust structures

The overarching goal of FATCA and CRS is for a taxpayer's country of tax residence to collect information from other countries on the taxpayer's financial assets located in those other countries.

Swarm Fund Launches Compliance-Oriented Token Offering Tailored to Evolving Regulatory Environment

Introduces Liquid Democracy Self-Governance Structure, Provides Ownership to Crypto Token Holders

Middletown hedge fund manager gets 3 years in prison

But the prison term was a compromise.

Ex-Merrill Broker Who Zealously ‘Rode the Calendar’ Pays Again

Yanofsky’s settlement, which he accepted without admitting or denying Finra’s enforcement findings, illustrate the difficulties brokers have in securing IPO

Best Lawyers recognizes 17 US attorneys in 2018 guide

Best Lawyers is among the oldest peer-reviewed publications in the legal profession.

BankThink Regulatory sandboxes can help states advance fintech

This underperformance may have many causes, but our global competitors are certainly exploiting their regulatory advantage to get ahead in fintech.

Ex-Merrill Exec Avoids Fines on Customer Cash Misuse

The SEC found Tirrell had negligently caused violations of securities rules at the wirehouse, according to the SEC’s order Friday, cited by the news services.

U.S. watchdog may fine Habib Bank, Pakistan's biggest lender, up to $630 million

The DFS said in a filing that its investigation had found that HBL held a U.S. clearing account with Saudi’s largest private bank Al Rajhi, which has been linked in the media and by the U.S. Senate to Al Qaeda and the financing of extremism.

Former HSBC broker barred for alleged senior scam

Finra says Jaime Rodriguez bought two apartments with $200,000 from blind, elderly customer

"The Implications of the Decision in United States v. Martoma"

Cases have run the gambit from insiders receiving bags of cash to cheating husbands getting the psychic benefit of knowing that their girlfriends were profiting on their tips.

Donald Trump’s debt to Deutsche Bank

As others shied away, the German bank lent money for several projects. But the president and lender face increased scrutiny over their ties

Broker loses $3.3M defamation case against Raymond James

As long as the information is truthful or accurate, there’s really no way to get rid of it.

Brazil’s Tax System Is Barrier to OECD Membership

Trust Bloomberg BNA's Premier International Tax offering for the news and guidance to navigate the complex tax treaty networks and business regulations.

Second circuit rewrites the rules on insider trading

The Court of Appeals held that the “logic” of the United States Supreme Court’s decision last year in Salman v. United States, 137 S. Ct. 420 (2016), “fundamentally altered” the analysis of insider trading so that Newman is &

Upstart Insurer Wants to Buy Your Pension Fund

The two firms, a combined 291 years old, are among companies leading a surge that’s more than tripled the size of pension-transfer deals since 2013.

Dismissal of FATCA Lawsuit Upheld

Sixth Circuit affirms that plaintiffs lacked standing to challenge foreign reporting requirements

Passports as a measure of wealth

Acquiring an alternative residence or citizenship is seen as a key investment for the rich

Canadian Securities Administrators issues guidelines on cryptocurrencies

The notice describes the factors the regulator considers while assessing whether securities law requirements, including prospectus, registration, and marketplace requirements apply.

Legal, Regulation & Compliance