11/12/2014
California Hedge Fund Founder Denied Re-Trial
San Francisco hedge fund founder Doug Whitman has been denied a new trial on his insider trading case which earned him two years in jail, the WSJ reports
11/12/2014
San Francisco hedge fund founder Doug Whitman has been denied a new trial on his insider trading case which earned him two years in jail, the WSJ reports
11/12/2014
The ruling more than doubles a jury's award in June.
11/11/2014
First Investment Crowdfunding Platform to Stumble on General Solicitation Requirements
11/11/2014
For the first time, the state's highest court confirmed that New York common law prevents a court from freezing a civil judgment debtor's assets held in foreign bank accounts.
11/11/2014
Barclays Plc (BARC), HSBC Holdings Plc and four other banks were accused in a lawsuit by U.S. soldiers of helping Iran process billions of dollars in transfers and finance terrorists who attacked Americans serving in Iraq.
11/11/2014
Banks suspected of rigging the $5.3 trillion-a-day currency market are preparing to reach settlements as early as this week with the main U.S. derivatives regulator
11/11/2014
Quynh has a strong skill set, extensive experience
11/11/2014
Christina Kelly, whose rancorous divorce from Jefferies Group LLC investment banker Sage Kelly has inflamed New York’s tabloids, issued a statement praising him as a “great father” and apologizing to the firm as the pair reached a tentat
11/10/2014
Efforts to combat money laundering hurting established businesses in Tijuana
11/10/2014
When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian natural gas producer Gazprom, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.
11/10/2014
Regulators and giant banks agree to ignore contractual rights.
11/10/2014
Mr Wyly, 80, who last appeared on Forbes’ list of the 400 richest Americans in 2010 with a net worth of $1bn, is responsible for about two-thirds of damages and has filed for bankruptcy, saying he cannot afford the SEC’s claim as well as poten
11/10/2014
A Manhattan PR firm run by a former journalist was hired to help burnish the image of a $10 billion Russian investment fund, an arm of a state-owned bank targeted by sanctions over the invasion of Crimea.
11/10/2014
The crime-TV magnate invested $1.5 million in an April 9 preferred-stock offering organized by Weiner that raised a total of $6 million for DigiPath, a Las Vegas-based provider of lab-testing and pot-education services, sources said.
11/10/2014
U.S. regulators rejected a proposal from BATS Global Markets that would allow it to list and trade actively managed exchange-traded funds that do not have to disclose their holdings on a daily basis.
11/07/2014
The Securities and Exchange Commission is trying to slash former billionaire Samuel Wyly’s “lavish” spending after his assets were frozen, telling a bankruptcy judge that the investor is planning a spree.
11/07/2014
Bank of America has set aside $400 million to cover litigation costs related to an inquiry into the bank's foreign exchange business.
11/07/2014
The argument in favor of heightened regulation of MetLife is the American International Group, the giant insurer that had to be bailed out by the taxpayers to the tune of $185 billion.
11/05/2014
The decision came after Martoma, 40, hired a prominent lawyer, Paul Clement, to urge the court to consider his bail request after U.S. District Judge Paul Gardephe in Manhattan rejected a similar motion last month.
11/04/2014
Firm accuses Camelot Wealth Management of unlawful practices in hiring of two former Schwab advisers