Managers of Wealth Americas

Marijuana Inc. eyes Mexico as drug liberalization looms

From medical marijuana growers to pot private equity firms

Brazil offshore tax amnesty signed into law

Residents of Brazil with undeclared offshore assets can now voluntarily declare and regularise their tax affairs without facing criminal prosecution and only face a one-off charge and penalty.

CFTC Orders Otkritie Capital International, Ltd. to Pay a $140,000 Civil Monetary Penalty for Violating a CFTC Registration Regulation

The CFTC Order requires OCI to pay a $140,000 civil monetary penalty and to cease and desist from further violating CFTC Regulation 30.4, as charged.

SEC Charges State Street for Pay-to-Play Scheme

The SEC filed a complaint against Crowe today in U.S. District Court for the Southern District of Ohio.

HSBC fights to stop money-laundering report going public

The bank is arguing in US courts that it could be left vulnerable to money laundering if the report is published.

Ex-Foundry executive loses insider trading appeal in U.S.

The 2nd U.S. Circuit Court of Appeals in New York upheld the 2014 trial conviction and subsequent prison sentence of David Riley

The CFTC brings (and settles) its first insider-trading case: implications for all private fund managers

Among other things, managers should consider extending the scope of their current insider-trading protection efforts to commodities trading

Ex-Hedge Fund Manager Martin Shkreli Indicted on Securities Fraud Charges

This matter concerns investors in a pair of hedge funds (the MSMB Funds) that Shkreli founded with a business partner.

The Coming SEC Sweep in Hedge Funds

Operating Partners have become an important part of the private equity model because they provide consulting services for the Fund

U.S. Supreme Court Rejects Former UBS Executives' Appeals

They had argued that prosecutors waited too long to bring wire fraud and conspiracy charges.

A 40-year D.C. law firm seeks to stay small, successful in midst of Big Law

Zuckerman Spaeder’s 100 lawyers, 30 of whom are partners, have thrived as independent troubleshooters when many contemporaries were getting gobbled up by Big Law.

Latvian coder released from clink after mega-millions bank raids

Gozi '76 Service' hacker handed time served after 21 months.

‘Wolf of Wall Street’ Swiss Bank Pays $188 Million in Tax Case

“Under the terms of the agreement, UBP pays a heavy price for its criminal conduct and must cooperate fully in all matters relating to the conduct described in the agreement until all civil or criminal examinations, investigations or proceedings are

PwC in $55 million settlement with Madoff feeder fund investors

According to court papers, Fairfield Greenwich investors suffered big losses on the more than $7 billion of their money

Wilmington Trust Corp. added as defendant in bank fraud case against 4 former executives

The superseding indictment alleges that Wilmington Trust, through its senior executives, concealed the truth about its loan portfolio from bank regulators

LTL Announces Partner Promotions

We are quite proud of Heather and Anthony," stated James M. Lee, LTL's managing partner.

Wall St. watchdog homes in on high-frequency trades to combat spoofing

High-frequency trading is an automated strategy that can move billions of dollars worth of trades in a fraction of a second.

Battle over financial planner’s punishment for defrauding clients looms

A plea agreement brokered between Stanfill's attorney, David Eldridge, and Assistant U.S. Attorney Frank Dale was filed Monday in U.S. District Court.

Nasdaq and Tel-Aviv Stock Exchange sign strategic agreement

Nasdaq and Tel-Aviv Stock Exchange have officially announced a strategic cooperation.

Lawsuit accuses Bank of America of charging unauthorized fees

Removed last week to South Carolina federal court from the Spartanburg County court of common pleas

Legal, Regulation & Compliance