05/25/2017
Goldman says Friedstein and Page’s employment contracts “broadly prohibit” them from going after clients and employees for at least 90 days following their departure, according to Bloomberg.
05/24/2017
Billionaire hedge fund manager Gets SEC Waiver to Keep Raising Money for Hedge Fund
A waiver from punishments that automatically kick in when individuals settle enforcement actions.
05/24/2017
The defendants are charged with securities fraud, wire fraud, conspiracy and conversion of property of the United States.
05/24/2017
The violations announced today include major deficiencies in the Bank’s oversight that allowed nearly unfettered misconduct by more than a dozen BNPP traders and salespeople.
05/23/2017
But the appeals court panel upheld the ruling on Tuesday.
05/23/2017
In highlighting these best practices, OCIE also reiterated findings from its 2014 Cybersecurity Initiative
05/22/2017
If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 27, 2017.
05/22/2017
Garceau was arraigned before Magistrate Daniel Goulette Friday, with bond set at $50,000 and 10 percent surety. He will appear in front of Judge Linda Davis on May 31.
05/22/2017
The Justice Department wishes to thank the FDIC – both the San Francisco Office and FDIC Headquarters for its cooperation in this investigation.
05/20/2017
The Fed initially announced its plans to fine Ashton and bar him from the industry in August of last year.
05/19/2017
It serves no one, least of all investors and borrowers, to have fewer options in the capital markets.
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.