07/08/2022
2022 IAM Patent 1000 Ranks More Than 20 Paul Hastings’ Intellectual Property Lawyers Across Seven Jurisdictions
The organization continues by noting that “Paul Hastings is a force to be reckoned with in US patent litigation
Legal, Regulation & Compliance
07/08/2022
BCSC settles with Victoria wealth manager who conducted business without registration
Blair, who was registered under the Securities Act from 2004 to 2005, was not registered while performing these duties.
07/06/2022
AB and Impact Engine Announce Strategic Partnership
New impact investing partnership bolsters Private Wealth’s innovative, client demand-driven strategy
07/04/2022
Ontario regulator’s warning due to ‘misunderstanding’ - Relm
FSRA stated: “It has been reported that Relm Insurance Limited is advertising the sale of insurance products in Ontario without a valid licence.”
07/04/2022
Ontario regulator warns Relm is unlicensed
Relm also reinsured the US’s first cryptocurrency insurance product for retail wallet holders.
07/04/2022
Ninety-Year-Old Morgan Stanley Broker Arrested After Shooting Colleague
Bernstein, a 27-year industry veteran, has no disciplinary actions, discharges or investor complaints on his BrokerCheck record.
06/30/2022
UBS fined over complex options scheme
The US regulator said that the firm had not adequately trained its advisers or provide oversight on its Yield Enhancement Strategy.
06/30/2022
Grayscale Sues SEC Over Rejection of Proposed Spot Bitcoin ETF
The SEC is acting “arbitrarily and capriciously” in its treatment of similar investment vehicles, Grayscale’s senior legal strategist said
06/28/2022
Ex-UBS Broker Who Led Big Ohio Team Suspended Over Rock Salt Business
Integrity Salt does appear on the broker’s approved outside business activity list on BrokerCheck, but the disclosure shows his involvement as beginning in September 2018.
06/27/2022
Second Citizenships and Golden Passports
Help your clients flee the country—or at least gain citizenship in another—legally, and in compliance with the IRS.
06/27/2022
Ukraine war: UK joins ban on imports of Russian gold
US President Biden suggested the other G7 nations - Germany, France and Italy - would also join the ban.
06/24/2022
AllianceBernstein Partners with Impact Engine to Bolster Purpose-Driven Investment Offerings
The new partnership will focus on purpose-driven investments supporting environmental sustainability, economic opportunity, and health equity across venture capital, growth equity and buyout managers.
06/22/2022
Funds with US Investments or Operations – Considerations for Non-US Investors
ECI exposure may also arise even through an investment into a non-US fund if that fund is classified as a partnership for US tax purposes and has certain US assets or activities.
06/21/2022
Charlotte wealth adviser poached ultra-rich clients from Vanguard, lawsuit claims
Matthew DeAntonio, the attorney representing Snipes and Topsail, declined a request for comment from The Charlotte Observer on Friday.
06/20/2022
U.S. banking stress indicator could worsen after Fed hike
The Fed raised rates by 75 basis points on Wednesday, its biggest increase since 1994, and expectations of more
06/17/2022
Carey Olsen advises Brazilian start-up Destaxa on seed funding round
Carey Olsen's corporate team in the Cayman Islands have advised Brazilian payments platform Destaxa on its US$3.1 million seed funding round.
06/13/2022
Mayer Brown expands Banking & Finance practice with Benjamin Snyder in New York
“Our clients will benefit from Ben’s ability to navigate the changing landscape of the syndicated leveraged finance market and capitalize on the upward trend in private lending.”
06/13/2022
SEC investigating Goldman Sachs AM over ESG claims
The agency is examining ESG funds within the bank's asset management arm as part of a civil investigation
06/10/2022
Tesla investigation deepens after more than a dozen US ‘Autopilot’ crashes
Regulators to look with enhanced scrutiny after cars with driver-assistance function crashed into parked emergency vehicles
06/10/2022
Finra Sidelines Ex-Merrill Broker Who Managed $2-Billion Florida Team
Sonville also in 2018 “completed and submitted to the firm a compliance questionnaire in which he falsely stated that he had not loaned money to any customers,” the Finra letter said.