10/18/2014
The Securities and Exchange Commission Friday civilly charged a New Springville man in connection with multiple investment schemes he allegedly operated between 2009 and 2013.
10/18/2014
USB accused of using family name to establish 'sham' foundation, rather than looking for surviving relatives.
10/17/2014
U.S. regulators brought their first-ever manipulation case against a high-frequency trading firm on Thursday, saying it used a computer algorithm to affect closing prices through a series of rapid-fire trades.
10/17/2014
Two former derivative traders for Dutch lender Rabobank were charged on Thursday with manipulating Libor
10/17/2014
This “sharpie” is going behind bars.
10/17/2014
UBS AG, the Swiss bank that reached a $5.2 million settlement with Puerto Rico this month over sales of closed-end funds, will keep recommending debt from the commonwealth to investors from the island.
10/16/2014
As federal prosecutors began laying out their case against ex-wealth management head Raoul Weil for conspiring to conceal $20 billion in Americans' assets from the Internal Revenue Service.
10/16/2014
The Securities and Exchange Commission issued an enforcement action Wednesday against a former Wells Fargo Advisors compliance officer in St. Louis, alleging she altered a trading review document that was part of an insider trading investigation.
10/15/2014
A UBS AG unit will pay $5.2 million in a settlement with Puerto Rico's financial institutions regulator over the firm's practices involving sales of Puerto Rico closed-end bond funds whose values later plunged.
10/15/2014
Global regulators are preparing to impose new restrictions on banks, asset managers and others who use swaps to help hedge risks and speculate on market moves.
10/14/2014
Since 2009, the U.S. has had unprecedented success with ferreting out offshore accounts. It started in 2008 with key court victories against UBS.
10/14/2014
A former banker at Switzerland's biggest bank, UBS, has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office.
10/14/2014
The announcement was made as part of the leaderships changes at the Firm's Annual Meeting, held last week in London.
10/13/2014
The increase in regulatory reporting requirements has become a major challenge for many investment managers.
10/13/2014
The stay is intended to give regulators time to facilitate an orderly resolution of a troubled bank.
10/13/2014
A fired Toronto Dominion Bank executive who authorities say kept Fort Lauderdale lawyer Scott Rothstein’s $1.2billion Ponzi scheme alive until the end was arrested Friday on fraud charges.
10/13/2014
Traders and investment bankers would have an incentive to make sure the risks they took were reasonable and wouldn't bring down their firms (or the rest of us) in the future.
10/12/2014
A former top-level UBS banker will stand trial in the United States this week accused of helping rich Americans evade millions of dollars in taxes.
10/10/2014
A current and a former unit of E*Trade Financial Corporation will pay $2.5 million to settle charges that they ignored red flags and improperly sold billions of unregistered penny stock shares on behalf of customers, U.S. regulators said on Thursday.
10/10/2014
A New York-based hedge fund and its founder has been banned from trading securities in Hong Kong for four years after admitting to insider trading of Chinese banking equities.