06/01/2015
For more than two decades, each and every Congress has considered and adopted wide-ranging financial services legislation that has significantly altered the legal and regulatory landscape governing financial institutions in the United States
06/01/2015
International law firm continues dramatic US expansion
The majority of the new team joins the firm from the Private Client Services Group at McKenna Long & Aldridge and comprises well-respected and highly experienced trusts and estate planning, charitable giving and trusts and estate litigation lawyers.
05/29/2015
Ketchum highlighted several areas of concern regarding the DOL’s re-proposed fiduciary rule.
05/29/2015
Arbitration in the securities industry – between broker-dealers and their customers – wasn’t always mandatory
05/28/2015
Fried, Frank, Harris, Shriver & Jacobson LLP announced today that Mark Mifsud, Kate Downey and Alexandra Conroy will join the Firm as partners in the Asset Management Practice, resident in the London office
05/28/2015
This team has extensive experience in advising private fund managers in relation to the structuring and establishment of a wide range of private investment funds.
05/28/2015
Once the most important man in US soccer, Charles "Chuck" Blazer turned on FIFA to become the central figure in a wide-ranging graft investigation
05/28/2015
The department is currently investigating accountholders, bank employees, and other facilitators and institutions based on information supplied by various sources, including the banks participating in this Program. Our message is clear – there is no
05/27/2015
Deutsche Bank agreed to pay a $55 million penalty to settle the charges.
05/26/2015
With its new felony record, America’s biggest bank needs to seek the Department of Labor’s permission to keep managing money in the $8 trillion private pension market.
05/25/2015
The staff of the Division of Investment Management of the SEC published a Guidance Update addressing cybersecurity risks and the need for funds and advisers to protect confidential
05/25/2015
Last night experts said the allegations would ‘beg even more serious questions’ about these giants if they are proved to be true.
05/24/2015
Asset managers will have to make unprecedented disclosures about their so-called “shadow banking” activities as part of new reporting rules proposed by the US regulator
05/24/2015
US pension fund New Bedford Contributory Retirement System has joined a class action against Genworth Financial
05/22/2015
Under Georgia law, public pension funds can invest in alternatives
05/22/2015
A source present at the FINRA hearing says Morgan Stanley could be on the hook for a $400 million loss: $100 million in compensatory damages, and an additional $300 million in punitive damages.
05/22/2015
The ex–Fed chairman wants to merge the SEC and CFTC, create a new super-supervisor at arm’s length from the central bank and shield financial stability panel from political interference.
05/22/2015
The wife of an NFL player says she worked in a real-life “Wolf of Wall Street’’ office where co-workers sexually harassed her and openly mocked her marriage to a black man.
05/21/2015
FINRA has about 3,400 employees
05/21/2015
The sentencing came one day after another cooperating defendant, former Madoff controller Enrica Cotellessa-Pitz, also avoided prison.