06/22/2015
Investors Play the Confidence Game in Trusting Central Banks
Mr. Koesterich said faith in the Fed may be more justified than faith in Europe’s ability to resolve its problems with Greece.
Legal, Regulation & Compliance
06/22/2015
US court issues show-cause notice to Sahara in $350 million lawsuit
Looking into the suit, the court has now passed an 'order to show cause'
06/19/2015
Disgraced trader asks judge for a $50M refund
Rajaratnam is asking that five counts of his conviction be vacated
06/19/2015
Everest Wealth Management: Fraud allegations 'spurious,' 'unsupported by facts'
The company is known for its "Money Guys" paid advertising
06/19/2015
Pimco Chief Applauds Iosco SIFI Shift
The $1.6 trillion asset manager’s chief executive was reacting after a decision the day before by International Organization of Securities Commissions
06/19/2015
Ex-Im Bank Faces Congressional Troubles
The Export-Import Bank helps U.S. companies with financing and a type of insurance that protects firms in case a foreign customer cannot pay.
06/18/2015
U.S. regulators impose limits on mortgage business for 6 banks
OCC to Escheat Funds from the Foreclosure Review, Terminates Orders Against Three Mortgage Servicers, Imposes Restrictions on Six Others
06/18/2015
Top two FIFA officials hire lawyers as Swiss probe bank transactions
FIFA's embattled president, Sepp Blatter, and his second-in-command have hired high-powered lawyers to represent them
06/18/2015
Regulators Near Pacts to Settle U.S. Rate Probes
CFTC is weighing punishments against several banks and broker ICAP
06/18/2015
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
06/18/2015
Commerce Department Reporting Obligations for U.S. Investment Abroad - Cantor & Webb
BEA conducts seven mandatory surveys to collect information on direct investment.
06/18/2015
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.
06/17/2015
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
06/17/2015
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.
06/17/2015
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
06/17/2015
You’ve Been Warned: Central Bankers Turning Less Market-Friendly
But for those who track the world’s central banks, change is afoot
06/17/2015
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.
06/15/2015
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
06/15/2015
Battle Continues Over Fiduciary Rule for Retirement Investments
Fight centers over whether proposed regulatory proposal is truly in retirees’ best interest
06/15/2015
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.