08/12/2014
The Securities and Exchange Commission has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme.
08/11/2014
McMahon in 2008 had sentenced Israel to 20 years for fraud
08/11/2014
fund. Both men had faced up to 20 years in prison
08/10/2014
The SEC Whistleblower Program Year in Review – Introduction
08/08/2014
Confidential Memorandum of Understanding Formally Ordered Bank to Make Far-Reaching Improvements
08/08/2014
Against that double historical backdrop comes today’s news that Bank of America has offered to pay $17 billion to settle claims filed nationwide alleging it shares responsibility for the collapse.
08/08/2014
These new rules boosted the permissible regulatory oversight of the private fund industry to an unprecedented level.
08/08/2014
ConvergEx has since shut down trading operations at the Bermuda broker-dealer subsidiary ConvergEx Global Markets Limited.
08/08/2014
About 200 other plaintiffs in the lawsuit with claims against the bank stemming from attacks blamed on the al-Aqsa Martyrs Brigades and other groups have not yet gone to trial.
08/07/2014
City alleged that lender “engaged in mortgage discrimination”
08/07/2014
He was sentenced last month to two years in prison and ordered to pay a $1.75 million fine for lying to customers about mortgage-backed securities.
08/06/2014
The promoters reaped more than $2.5 million in illegal profits through their schemes.
08/05/2014
A federal jury found the Wylys liable for a system of offshore trusts in the Isle of Man that netted the brothers $553 million in profits through hidden trades between 1992 and 2004 in companies they controlled.
08/05/2014
The bank said it had sent the results of its internal review to the U.S. authorities.
08/05/2014
The agreement represents one of the largest settlements of a securities fraud lawsuit in the wake of the economic meltdown.
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially improve the performance of eight Cayman I
08/05/2014
She stood by her man
08/05/2014
Barclays won court approval to buy much of Lehman's brokerage business four days after the US company filed for the largest bankruptcy in American history
08/04/2014
The 69-year-old entrepreneur’s lawyers argued successfully that he should get off with probation and community service because of his age and good works.
08/03/2014
Client In California Sues Barclays Over Dark Pool
Two months ago, New York Attorney General Eric Schneiderman began an investigation into the bank’s dark pools