Managers of Wealth Americas

Justice Department Toughened Approach on Corporate Crime, but Will That Last?

The changes started with a few big banks pleading guilty and built to a flurry of activity this week.

JPMorgan Found in Probe to Have Retaliated Against Adviser

The bank said it will appeal OSHA's findings.

Dentons deepens offerings in Mexico with new Monterrey office

Launch brings Dentons to Mexico’s industrial center and energy hub

Belize loses US$19 mil appeal in US Supreme Court

Belize’s foreign reserves are not attachable, the Government of Belize maintains.

Argentina: Changes made to various tax rules

The new tax applies retroactively for calendar year 2016 in the case of individuals and to open fiscal years for companies.

Binary options scams, offshore investments among main threats to Canadian investors

Making a decision to invest without doing any research is like playing with fire.

Alston & Bird Elects 20 New Partners

Our new partners have demonstrated their leadership in serving our clients and our firm with distinction.

FINRA Prioritizes Compliance, Supervision and Risk Management in 2017

Lastly, FINRA will continue to expand its "fixed income surveillance program to include additional manipulation-based surveillance patterns, such as wash sales and interpositioning."

The Coming Shakeout in Third-Party Asset Managers

Their hard-won shelf space will likely come up for review in 2017 as broker/dealers shift to a “less is more” approach.

Three Former Traders for Major Banks Indicted in Foreign Currency Exchange Antitrust Conspiracy

The charge in the indictment carries a maximum penalty of 10 years in prison and a $1 million fine.

UBS cries foul over $18.5M FINRA arbitration ruling

The couple claimed breach of fiduciary duty and unsuitability, among other misconduct.

BofA sued by US regulator over unpaid premiums

FDIC seeks $542m over claims bank short-changed Deposit Insurance Fund

Big Data, Big Risk? Privacy and Security Tips for Fintech Companies - Blake, Cassels & Graydon

The sheer volume of the information increases its sensitivity because over time a fintech company may generate a very detailed and complete picture of an individual.

New NY Regulation Requires Banks to Step Up Monitoring for Money Laundering

The rule was proposed in December 2015.

Finra Focusing On Bad Guys In 2017

In this year’s letter, though, Finra mentions conflicts of interest only in regards to obtaining best execution on trades.

ANZ, Macquarie join push to have Singapore rate rigging case in US dropped

In that case, the big four Australian banks and Macquarie have been named as defendants.

New guidance from SEC aims to help investment management industry respond to fiduciary rule: a closer look

In order to make these findings, broker-dealers have been putting pressure on fund firms to standardize their compensation arrangements and, to a large extent, to tailor their applicable sales charge and distribution fee elements to the needs of each firm

Legal, Regulation & Compliance