Managers of Wealth Americas

The Wall Street rat is going to get more fat

Previously, older laws enacted after the savings and loans scandal in the 1980s capped awards at $1.6 million.

Bills would allow bigger payouts to Wall Street whistleblowers

Previously, older laws enacted after the savings and loans scandal in the 1980s capped awards at $1.6 million.

Dentons tells ex-Luce Forward partners of $1.9M clawback years after they joined predecessor firm

Some ex-partners of the bygone California firm who are not currently connected with Dentons are being offered a chance to repay the claimed debt

Ex-Citadel financial analyst to be resentenced in trade secrets case

The three-judge 7th Circuit panel suggested that the $12.7 million intended loss was inflated.

Gibraltar hit with regulatory action for secrecy act and anti-money laundering violations

The OCC today also issued a $2.5 million CMP against the bank.

U.S. Sanctions Warning Tests Resolve of Foreign Banks in Russia

Royal Bank of Scotland Group Plc, Barclays Plc and Deutsche Bank AG have shuttered activities in the country.

Tightening The Global Tax Net

They will need to look carefully to see where their reporting obligations lie and whether the structures currently in place remain workable and practical before the first official exchanges in September 2017.

Fiduciary Rule: Blasé RIAs Need to Pay Attention

The rule has the potential to dramatically reshape the retirement savings world, particularly commissions-based compensation.

FSC recognises overseas stock and commodities exchanges

The recognised exchanges listed include some of the most important stock and commodity exchanges in the world.

The ANC’s wealth tax: Double rigging a rigged game

Kevin Bloom speaks to a tax haven investigator who says that he doesn’t.

Squire Patton Boggs and Carroll, Burdick & McDonough to Combine

Squire Patton Boggs and California-based Carroll, Burdick & McDonough today announce that they have reached a definitive agreement to combine firms.

John Kasich Picks Up Another Billionaire Backer, Julian Robertson

On Sunday, the Ohio governor’s campaign said it had won the support of another billionaire investor, Stanley F. Druckenmiller.

Elliott to be referred to prosecution on rule breach

The Securities and Futures Commission (SFC) will approve a petition to punish Elliott at its policy-setting meeting today, asking the prosecution to investigate the fund for the rule breach.

Attorney Jacqueline Valdespino Receives International Award

GBM and PSN are two of the world's leading referral and network marketing platforms for the legal and corporate sectors.

U.S. SEC Says Shift From Examining Brokers to Investment Advisers Necessary

The goal is to close a gap in the routine monitoring of investment advisory firms.

US banks prepare for tough stress tests from Fed

Two-part exam designed to assess whether banks have enough loss-absorbing capital

FINRA Launches Information Sweep on Firm Culture

This latest move comes after the Wall Street regulator listed firm culture as a 2016 examination priority.

Ed Goldman: Lawyer fees cross the $1,500-per-hour threshhold

The news was reported in the Wall Street Journal, quoting a report from Citi Private Bank’s Law Firm Group.

Premier Cru Boss Takes the Fifth

The FBI investigation into a Ponzi scheme at the Berkeley retailer could impact owner's own legal troubles.

FBI raids UDF office in Grapevine on heels of "Ponzi scheme" allegations

Mahan declined to comment further about the open investigation, which is being conducted by the U.S. Attorney's office.

Legal, Regulation & Compliance