03/15/2017
Ex-Jefferies Trader Can't Ditch Sole Guilty Count
Had no duty to act in his best interest.
Legal, Regulation & Compliance
03/15/2017
Tax court judge recuses himself from KPMG-linked trial after CBC revelations
Randall Bocock attended party hosted by law firm that endorsed KPMG tax scheme
03/15/2017
Estate Planning: The Family Limited Partnership Strategy
As the recently decided Purdue Tax Court case can illustrate
03/15/2017
Germany Frets Over U.S. Regulation Opt Out
One of the U.S.'s most influential banking regulators has proposed ways to cut red tape in banking.
03/14/2017
Massachusetts high court declares that public company directors owe fiduciary duty to corporation rather than to shareholders
There are, of course, exceptions to the Tucci general rule, as previously articulated in Demoulas.
03/14/2017
Ninth Circuit embraces broad whistleblower protection under Dodd-Frank, deepening split among the circuits
The statutes are inconsistent, yet cross-reference each other, it becomes complicated.
03/14/2017
California Businessman Sentenced to Prison for Concealing Over $23.5 Million in Israeli Bank Accounts
Evaded More than $8.3 Million in Federal Taxes Over Seven Years
03/14/2017
Embattled Bellevue hedge fund adviser accused of fraud
Summit Asset Strategies chief expected to plead to federal charges related to $3.5M loss
03/14/2017
Regulator Proposes Walling Off Wall Street Investment Banks
Under Hoenig’s proposal, elaborate capital demands put in place since the 2008 financial crisis would be boiled down to reliance on a simpler 10 percent limit on leverage for Wall Street banks.
03/13/2017
Rosen Law Firm Files Securities Class Action Lawsuit Against The Toronto-Dominion Bank
The lawsuit seeks to recover damages for TD Bank investors under the federal securities laws.
03/12/2017
Trump’s Panama Problem
Ricardo Martinelli, the ex-president of Panama facing extradition on corruption charges, helped him launch his first international property.
03/12/2017
Four myths in the battle over Dodd-Frank
It is plausible that lending in recent years was weaker than it would otherwise have been without the sundry regulatory costs imposed by Dodd-Frank, which have likely been a contributing factor in bank consolidation since the law's passage.
03/10/2017
U.S. Emerging as ‘Leading’ Tax, Secrecy Haven, EU Report Says
The United States provides a wide array of secrecy and tax-free facilities for non-residents both at the federal level and at the level of individual states
03/10/2017
Brazil probes possible obstruction of state-run pensions fraud case
The arrest order against the senior Lopes was based on evidence that recent actions
03/09/2017
3 N. Korean banks banned from key international financial network
The latest ban had completely isolated North Korea from the international financial system.
03/09/2017
Royal Bank closes 40 accounts following internal Panama Papers probe
While the bank notes that there's no evidence that any of those companies were doing anything illegal
03/09/2017
Collas Crill advises on medicinal Marijuana investment
All sales require medical documentation as set out in the ACMPR.
03/08/2017
U.S. Senate panel schedules hearing for SEC nominee Clayton
Both have historically expressed skepticism about having people with close ties to Wall Street run the SEC.
03/08/2017
UBS considers refusing DoJ settlement offer
Swiss bank may follow Barclays’ lead over mis-sold mortgage bond allegations
03/08/2017
Tax cheats in KPMG Isle of Man avoidance scheme could face criminal charges: minister
Bloc Québécois leader calls on Liberals to stop giving KPMG government contracts in wake of recent reports