Managers of Wealth Americas

Finra arbitration panel hits Robert W. Baird & Co. with $13 million penalty

The asset and wealth management firm was accused of unfair competition and solicitation

Commerce Department Reporting Obligations for U.S. Investment Abroad - Cantor & Webb

BEA conducts seven mandatory surveys to collect information on direct investment.

RBC, BMO settle with SEC over U.S. municipal bond sales

Two Canadian banks are among a list of 36 financial firms that have settled allegations from the U.S. Securities and Exchange Commission that they sold U.S. municipal bonds using materially false statements or omissions.

Swiss Trader to Pay $2.8 Million to Settle Insider Trading Charges

A SEC investigation found that Helmut Anscheringer purchased stock and call options in AuthenTec Inc. upon learning from a longtime friend related to an AuthenTec executive that Apple proposed to buy the company, which provided fingerprint sensors and sof

Investment Advisory Firm’s Former President Charged With Stealing Client Funds

The firm specializes in providing advisory and financial management services to current and former professional athletes.

Commerce Department Reporting Obligations for U.S. Investment Abroad

The legal authority for all of the direct investment surveys is the International Investment and Trade in Services Survey Act

You’ve Been Warned: Central Bankers Turning Less Market-Friendly

But for those who track the world’s central banks, change is afoot

Barclays, Citi, JPMorgan Face Korea Forex Probe in South Korea

The probe into the manipulation of foreign-exchange rates is spreading beyond the U.S. and Europe.

Finra files complaint against former UBS broker

John Waszolek allegedly took advantage of the client's lack of capacity to be named beneficiary of her estate

Battle Continues Over Fiduciary Rule for Retirement Investments

Fight centers over whether proposed regulatory proposal is truly in retirees’ best interest

How the rise of digital banking might set back a US civil-rights law

A key provision of the CRA, the “service test,” gauges how much banks are serving their communities.

How the Fed screwed up the bond market

Live by central bank liquidity, die by central bank liquidity

International law firm hires first US securities partners

This core offering differentiates the firm’s London-based regulatory and advisory capabilities for its investment banking clients, giving it deep insight into underwriters, both in terms of executing transactions and advising on US, UK and European

Merrill Wins $1.3M Clawback From Ameriprise Advisor

Arbitrators usually find a way to compromise

Regulators close in on bond-markup rules

FINRA, which is funded by the securities industry, is taking especially seriously comments related to operational issues

Two More Swiss Private Banks Report Hidden American Accounts

“As the agreements reached today confirm, Swiss banks that helped U.S. taxpayers to hide foreign accounts and evade their U.S. tax obligations are providing a detailed account of their cross-border banking activities.

Justice Department probes banks for rigging Treasury market

Attorney General Loretta Lynch has already brought charges over foreign exchange rate manipulation

Michael Platt, Meredith Whitney Agree To Settle Hedge Fund Dispute

A judge initially ruled in BlueCrest’s favor

How divorces among the rich differ from middle class divorces

Money makes divorce look a little different.

OSC seeks to beef up whistleblower program with cash rewards up to $1.5M

The Canada Revenue Agency began an offshore tax informant program in January 2014, offering up to 15 per cent of funds recovered in cases that see the CRA recoup more than $100,000.

Legal, Regulation & Compliance