Managers of Wealth Americas

More DOL Compliance Help

The company said it is withholding comment until a public launch in 2017, but it did make public a new website that reveals some details.

SEC rules to land on asset management industry this fall

One of those proposed rules would require funds to report new monthly data to the SEC.

Investment Adviser Charged With Cherry-Picking and Misleading Clients

Balter allegedly allocated profitable trades to his own accounts and unprofitable trades to his client accounts.

MarketCounsel Wins WealthManagement.com 2016 Industry Award for the MarketCounsel Summit

The winners were announced at a gala reception on September 29, 2016 at the Mandarin Oriental Hotel in New York City.

Bill Gross of Janus Warns Financial Markets Have Become 'a Vegas Casino'

Gross, who oversees the $1.5 billion Janus Global Unconstrained Bond Fund, recommended Bitcoin and gold for investors who are looking for places to preserve capital.

U.S. high court to hear closely watched insider trading appeal

At issue is whether prosecutors in insider trading cases must prove that an alleged source of corporate secrets, like the brother-in-law, received a tangible benefit such as cash in exchange for any tips.

Morgan Stanley Unit Accused of High-Pressure Sales Tactics

The San Francisco-based bank agreed last month to pay $185 million after federal and local authorities found its cross-selling culture helped push employees to open unauthorized accounts.

Morgan Stanley Charged with Running Unethical Sales Contests

The charges against Morgan Stanley come one month after Wells Fargo was fined for fraudulently opening accounts

First Foundation to Acquire Two Branches in Orange County

Upon the closing of the Transaction, First Foundation Bank will operate a total of eleven branches, nine of which are located in California.

Deutsche Bank near $5.4 bn US toxic bonds settlement

US shares of Deutsche Bank rose 14.5 percent to $13.15.

RBC cutting 15 investment banking jobs in London

M&A activity in Europe is down 19 percent to $484 billion so far this year compared to last

Cameco and the CRA head to court over potential $2.2-billion tax dispute

He said many cases are resolved before court, in part because of the cost and length of time such cases takes, but says this case is different.

DEUTSCHE HELL: Desperate German bank pleads over £10BN fine with US as it teeters on brink

TROUBLED Deutsche Bank is desperately trying to haggle down a gigantic mis-selling fine, which investors fear could sink the company and heavily damage Germany’s economy.

Lawmakers ask Wells Fargo CEO: 'Why shouldn't you be in jail?'

But as during the grilling he received last week from a Senate panel, Stumpf remained on the defensive.

Calamos faces whistleblower lawsuit

Katz is seeking compensation for “lost wages and future loss of earnings” and benefits as a result of the “retaliatory discharge.”

Lehman Brothers to Pay Another $3.8 Billion to Creditors

Distribution will bring total payout in the firm’s bankruptcy to more than $113.6 billion

Behind the life and death of a star money manager accused of insider trading

Then, in June of this year, the charges were filed.

SEC says UBS to pay $15 million over sales practices

UBS's notes were designed to offer attractive yields with a lessened risk of loss

Ex-A.I.G. Chief Parries Inquiries on Offshore Reinsurer in Fraud Trial

The state contends Capco was a sham used to convert into investment losses

Taiwan's Mega Financial says its bank branches overseas coming under greater scrutiny

Mega Bank will "actively communicate" with regulators, said Chang, who is also the chairman of Mega Bank.

Legal, Regulation & Compliance