05/18/2017
Given recent regulatory changes and the challenging markets in which asset managers are now operating, we are increasingly seeing established groups replace their current infrastructure
05/18/2017
The rules were initially set to come into effect last March but have since been in legal limbo.
05/17/2017
The SEC alleges that Walter C. Little accessed confidential documents on his law firm’s internal computer network related to at least 11 impending announcements involving law firm clients, none of which he personally advised or billed for services.
05/17/2017
Earlier this month it registered Daryl Lee, a former FX and rates trader at Morgan Stanley.
05/16/2017
FINRA seeks comments on rules about outside business, Richard Grobman joins Raymond James in Philadelphia and MassMutual updates its brand.
05/16/2017
Proskauer isn't the only firm that has faced gender discrimination claims Chadbourne and Sedgwick are defendants in similar suits.
05/15/2017
The lawsuit also claims that Wells Fargo was aware of this alleged practice and, in fact, incentivized the marketing of the high-cost or high-risk loans to minorities.
05/15/2017
Libor, or the London Interbank Offered Rate, is used to set rates on hundreds of trillions of dollars of transactions
05/15/2017
The SEC alleges that James Im and Kee Chan each misrepresented price information while acting as intermediaries on trades with Nomura’s customers who sought to buy and sell CMBS on the secondary market.
05/15/2017
Her August argument that the Second Circuit wrongly let bankruptcy law displace state law was unavailing.
05/14/2017
Settlement closes decade-long probe into real-estate scheme
05/12/2017
Firms said to inflate securities’ value to bolster returns
05/12/2017
Henti Baird, a resident of North Carolina, was sentenced to 43 months in prison for tax evasion and going against internal revenue laws
05/11/2017
Keith Noreika, acting comptroller of the currency, in exclusive interview, says agency could reinterpret proprietary trading definition
05/11/2017
Applicants who believe the law has been violated may choose to bring a claim either to the New York City Human Rights Commission (the New York City governmental agency charged with enforcing the NYCHRL) or by civil lawsuit in the New York State Court syst
05/11/2017
A comment period will follow a coming regulatory notice.
05/10/2017
S&P 500 companies hold about $2.4 trillion in unrepatriated profits and more than $1 trillion cash overseas, according to UBS.
05/10/2017
Domestic rivals Bank of Montreal and Toronto-Dominion Bank also are seeking ways to gain more U.S. investment-banking business.
05/10/2017
Barclays also collected excess mutual fund sales charges or fees from 63 brokerage clients by recommending more expensive share classes when less expensive share classes were available
05/10/2017
Investigation is unrelated to ‘cross-selling’ scandal