Managers of Wealth Americas

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.

Och-Ziff to Pay $400 Million to Settle U.S. Foreign Bribery Probe

Hedge fund company will enter deferred prosecution agreement; could be announced Thursday

SEC Charges CEO and Boiler Room Operator With Fraud

Sizer and Mesa have agreed to partial settlements of the SEC’s charges without admitting or denying the allegations.

Hedge Fund Wins $40 Million Defamation Judgment

NuWave first sued BackTrack and its parent company in 2006

SEC Files Insider Trading Charges Against Peruvian Traders Using Overseas Accounts

The Securities and Exchange Commission has charged two lawyers and a brokerage firm manager in Peru with insider trading prior to the merger of two mining companies.

SEC Adopts Rules for Enhanced Regulatory Framework for Securities Clearing Agencies

The Commission also voted to propose to apply the enhanced standards established by the new rules to other categories of securities clearing agencies, including all SEC-registered central counterparties.

SEC Proposes Rule Amendment to Expedite Process for Settling Securities Transaction

Proposal Shortens Settlement Cycle From Three Business Days to Two

Pressure builds on Wells Fargo to reclaim bonuses paid before scandal broke

Top executives may have to forfeit some of the $300 million doled out during the period when harried workers set up fake customer accounts to meet sales goals.

U.S. faults foot-dragging banks amid Deutsche Bank talks

Without help from the banks in several instances, he said, the government was forced to build cases from the ground up.

Saudi Arabia Megabond Said at Risk of 9/11 Legislation Delay

Senate leaders in both parties said Tuesday they expect the vote to succeed, though Congress has yet to override a veto by Obama.

FINRA Fines UBS Financial Services for Failing to Provide Fund Sales Charge Waivers for Eligible Customers

If these conditions are satisfied, the mutual fund waives the front-end sales charge.

U.S. Senate's top tax lawmaker targets corporate offshore profits

Oregon Senator Ron Wyden said he wants to put an end to a Kennedy era law

Standard Chartered Faces U.S. Probe Over Indonesian Investment

An evidence of possible bribery and other misconduct, findings that were echoed in a separate review by a law firm

Wells Fargo Board Hires Lawyers To Advise On Possible Clawbacks

Wells Fargo fired or demoted employees who failed to meet unrealistic quotas, while, at the same time, providing promotions to employees who met these quotas by opening fraudulent accounts

BlackRock, Vanguard Hail Regulatory Shift on Too-Big-to-Fail

The companies and their main trade associations, in hundreds of pages of letters, called on the Basel-based FSB to fine-tune potential constraints on how firms assess market stress

Legal, Regulation & Compliance