Managers of Wealth Americas

FINTRAC imposes an administrative monetary penalty on Diamond Exchange Toronto Inc., in Toronto, Ontario

Our compliance efforts are meant to ensure they fulfill their legal obligations

Canadian bank fined $1.1M by anti-money laundering agency

First time that organization known as Fintrac has penalized a bank

Fox Rothschild is sanctioned $25K for alterations in discovery documents

Fox Rothschild represented clothing retailers from China accused of counterfeiting copyrighted jean designs; the firm’s clients won at trial.

Nomura Warned Against Lying After Jefferies Trader Charged

Three former Nomura traders are accused of increasing the spread on their trades and generating about $7 million in additional revenue by lying about how much they paid for debt.

Former Senior Executives of Global Financial Services Company Charged in Scheme to Defraud Clients through Secret Trading Commissions

The secret conversations and backroom plotting laid bare in today’s charges paint a vivid picture of a brazen fraud

DTCC Fine Seen as Sign European Regulators are Watching

ESMA says repository neglected to provide data on OTC derivatives trades

The Panama Papers allegations are not representative of the offshore financial industry

The comments from Nigel Green, founder and chief executive of deVere Group, follow a major leak of confidential documents from Panamanian law firm, Mossack Fonseca.

The US government is going after a $19 billion hedge fund

The Department of Justice today filed a civil antitrust lawsuit in the U.S. District Court for the Northern District of California against certain ValueAct Capital entities

Hedge Funds Are Suing to Freeze Puerto Rico's Government Bank

Hedge funds including Brigade Capital Management and Claren Road Asset Management, which hold some of GDB’s $3.75 billion in debt

Merrill, Other Brokerages Prepare for Fiduciary Rule

Firms adjusting operations and communicating changes to clients

Global regulators move closer to regulating fintech

The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.

FinTech Regulation Gears Up

The push toward some sort of framework follows criticism from various corners that the country has been relatively slow to embrace policies

Harvard Law and Princeton educated banker accused of masterminding $95million fraud scheme - and losing it all

Partner in PJT Partners allegedly scammed clients into fake investment that he created and made up web domain and emails to support

Rules to recoup US bank bonuses need tightening

It makes sense to extend ‘clawback’ periods for as long as 10 years

Historic FCPA Settlement Reflects Increased Regulatory Focus on International Anticorruption Issues Arising from M&A Transactions

Under the terms of the settlement, VimpelCom is required to pay $167.5 million to the SEC

Legal, Regulation & Compliance