08/06/2015
U.S. Judge Hands SEC Setback Over In-House Judges
It is also at least the third federal court decision since June to question the constitutionality of how the SEC's five administrative law judges are appointed.
Legal, Regulation & Compliance
08/06/2015
The SEC moves to mandate wealth shaming on American corporations
The reasons for this seem clear from the social justice perspective, while not apparently having anything to do with the proper regulatory duties of the SEC.
08/06/2015
U.S. Probes Och-Ziff Africa Deal Tied to Mugabe
Hedge-fund firm is in talks to settle broader investigation into its business dealings in Africa
08/06/2015
Former Wilmington Trust President, 3 Others Indicted
Robert V.A. Harra, former CFO David Gibson and former credit chief William North charged
08/06/2015
White Collar Crime Isn't What it Used to Be
The family in charge of the Modell's Sporting Goods store chain is in a legal spat
08/05/2015
Everest investment advice business sues Maryland attorney general's securities division
Maryland Attorney General Brian E. Frosh sought to close Rousseaux's business with an order to show cause in June.
08/05/2015
ASIC urged to clamp down on 'ginormous' private equity fees
The Australian Securities and Investments Commission is set for a broader clampdown on fees disclosed in product disclosure statements.
08/05/2015
Florida Accounting Firms Merge
The combination deepens the firm’s capabilities and expands its presence in the South Florida marketplace.
08/04/2015
'Fugitive' ex-UBS trader cannot escape U.S. case over Libor: judge
Darin's lawyers argued he was not a fugitive since he had never fled
08/04/2015
US hedge fund Citadel embroiled in China's trading probe
One of the Chicagobased hedge fund's jointventure managed accounts has been suspended by the Shenzhen Stock Exchange, making it the first foreign victim of China's crackdown on shortselling.
08/04/2015
JPMorgan Questioned on Private Bank’s Hedge Fund Disclosures
The firm is responding to and cooperating with the relevant authorities
08/04/2015
FINRA Fines Aegis Capital
FINRA Fines Aegis Capital Corp. $950,000 for Sales of Unregistered Penny Stocks and AML Violations
08/04/2015
Crédit Agricole in ‘Advanced’ Talks on U.S. Sanctions Settlement
As a result, Crédit Agricole said that it was setting aside an additional provision of 350 million euros
08/04/2015
Swiss Bank Reaches Resolution under Justice Department's Swiss Bank Program
Individual Income Tax Returns, or IRS Forms 1040, that failed to report their respective interests in their undeclared accounts and the related income.
08/04/2015
Three Swiss Banks Reach Resolutions under Justice Department's Swiss Bank Program
Banks Will Collectively Pay Penalties of More than $8.4 Million and Continue to Cooperate with Department
08/04/2015
Islamic Finance Reaches New Level of Shari'ah Governance in U.S.
Azzad Asset Management today announced the successful completion of an independent, external Shari'ah audit and verification of its policies and procedures.
08/04/2015
Federation Centres investors consider legal action over Steven Sewell sacking
JP Morgan's Scott Molloy also sited inconsistency to what shareholders were sold during the merger.
08/04/2015
New York regulator cuts off Promontory Financial from consulting to banks
he investigation, begun in September 2013, related to reports that Promontory prepared and submitted to the department in 2010-11 with findings of its review of certain transactions by Standard Chartered Bank STAN, -1.91% .
08/03/2015
Retired Wells Fargo Exec to Help Ex-Convicts
Wells Fargo Advisors’ former CEO Danny Ludeman launches efforts to help ex-convicts adjust to life after prison.
08/03/2015
Being a Florida lawmaker a path to wealth for many
Their incomes have generally risen, too, by 63 percent on average.