10/20/2016
Alston & Bird's Jim Evans on California's choice of law ban
State and federal courts in California have been invalidating such agreements for years
Legal, Regulation & Compliance
10/20/2016
FINRA Receives SEC Approval to Require Member Firms to Report Treasury Transactions to TRACE
The requirement will apply to all Treasury securities except savings bonds.
10/18/2016
Massive Art Forgery Ring Reinforces Need For Vigilance Among Buyers
Art forgery headlines are far from uncommon
10/18/2016
Behind the Scenes of the SEC’s Risk-Based Exams
SEC Created a New Office of Risk and Strategy within OCIE
10/18/2016
RegTech AI: SMEs And Banks To Benefit
The UK’s Financial Conduct Authority issued a call for input, in 2015, and regulators are encouraging innovation.
10/18/2016
Debevoise Advises HarbourVest in the Acquisition of the Investment Portfolio of SVG Capital for £806.6 Million
Following the acquisition, the board of SVG Capital expects approximately £1,118 million to be returned to shareholders through a series of tender offers and the winding up of the company.
10/17/2016
Prominent international tax attorney Steven Cantor found dead at 66
Our community and our country lost one of their best.
10/17/2016
Deutsche Bank considering changes to U.S. strategy
It is fighting the fine but could have to turn to investors for more money if it is imposed in full.
10/14/2016
UK to force suspected criminals to reveal source of wealth
The bill will also introduce a new criminal offence for companies who fail to prevent tax evasion.
10/14/2016
RBS banned from managing retirement funds and plans in U.S.
An RBS representative couldn’t immediately be reached for comment.
10/13/2016
160 Investment Advisers or Investment Companies Hit with Disciplinary Action in 2016
The enforcement program continues to be a resounding success holding executives, companies and market participants accountable for their illegal actions
10/13/2016
Deutsche Bank Fined by SEC Over Failure to Guard Research
Deutsche Bank also published an improper research report and failed to properly preserve and provide certain electronic records sought by the SEC during its investigation.
10/13/2016
SEC Said to Demand That Cooperman Agree to Hedge Fund Suspension
He’s repeatedly denied wrongdoing and said his firm met with the SEC before it filed the lawsuit to explain why its allegations were totally unwarranted.
10/12/2016
Ex-Merrill Broker Charged Over $1M Theft
He then wrote checks to himself from the chamber of commerce bank accounts, amending the transfers with notes such as “IRS attorney payment” in the subject line, prosecutors say, according to Law360.
10/12/2016
New York Regulator Warns Banks on Wells Fargo-Style Compensation
Wells Fargo says bonus system fed fraudulent-account scandal
10/11/2016
Hedge Fund Lawsuit Alleges Theranos 'Knowingly And Repeatedly Lied '
The hedge fund is engaging in revisionist history, making claims that are not rooted in facts.
10/11/2016
Brainard: Fed Reviewing Blockchain Use Cases
It will take some time for broader payments applications, for instance.
10/10/2016
Credit Suisse Just Placed Five Employees On Leave Over a Tax Probe
Credit Suisse did not comment on further details of the investigation.
10/10/2016
United States Congress Supports Resolution Promoting Blockchain
A declaration was introduced which calls the United State government to develop an updated domestic policy related to technology
10/06/2016
Credit Suisse to Pay $90 Million for Misrepresenting Performance Metric
The bank admitted wrongdoing in disclosing how it determined its net new assets metric from the fourth quarter of 2011 through the fourth quarter of 2012