Managers of Wealth Americas

Hedge fund chief fights Canadian magnate in Bahamas battle

Bacon, the chairman and chief executive officer of Moore Capital Management LLC, wants more than a thousand hours of footage

Judge cuts back Madoff trustee lawsuit against hedge fund manager Merkin

Judge Bernstein said Irving Picard failed to show J. Ezra Merkin knew Bernard Madoff, currently serving a 15-year prison term, was running a giant Ponzi scheme.

Brevan Howard May Seek Up to $73 Million Paid to Rokos

The hedge-fund firm, which has about $37 billion in assets under management, counter-sued Rokos earlier this month

Ex-MIT Professor, Son to Plead Guilty in Hedge Fund Scam

A former Massachusetts Institute of Technology professor and his son agreed to plead guilty to running a $500 million hedge-fund scam that was uncovered by investigators probing Bernard Madoff’s Ponzi scheme.

Former hedge fund managers agree to plead guilty to fraud

No dates have been set for when the men will make their guilty pleas or when they will be sentenced.

Mark McSherry: Asset managers rail against moves for closer scrutiny

Many of them were asleep at the wheel last time so they want to be wide awake to any potential problems when the next financial crisis starts to rear its ugly head.

Ex-fund manager to pay $20-million for breaching duties to investors

Today's decision follows an earlier decision dated August 23, 2013

JP Morgan Chase retail GC exits bank

JPMorgan Chase & Co’s retail-banking general counsel Matthew Biben has left the bank three years after joining.

SEC Charges Bahamas-Based Brokerage Firm and President with Facilitating Fraudulent Scheme by Hedge Fund Manager

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.

Hedge fund manager who faked suicide unable to persuade judge

McMahon in 2008 had sentenced Israel to 20 years for fraud

Ex-Microsoft Hedge-Fund Hopeful Gets Two Years For Insider Trading

fund. Both men had faced up to 20 years in prison

Achievements, Challenges and Change: The SEC Whistleblower Program Year in Review via

The SEC Whistleblower Program Year in Review – Introduction

Deutsche Bank Criticized by U.S. Regulators Over Reporting Systems, Risk Controls

Confidential Memorandum of Understanding Formally Ordered Bank to Make Far-Reaching Improvements

If Bank of America pays $17 billion in fines, should Wall Street critics be satisfied?

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.

Private fund performance after the Dodd-Frank Act

These new rules boosted the permissible regulatory oversight of the private fund industry to an unprecedented level.

SEC Charges Former CEO of ConvergEx Subsidiary

ConvergEx has since shut down trading operations at the Bermuda broker-dealer subsidiary ConvergEx Global Markets Limited.

Arab Bank Plc faces Hamas financing trial in U.S.

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.

JPMorgan earns victory over Los Angeles in discrimination suit

City alleged that lender “engaged in mortgage discrimination”

Ex-Jefferies Trader Appeals Fraud Conviction

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.

SEC Charges Four Promoters with Manipulating Marijuana-Related Stocks

The promoters reaped more than $2.5 million in illegal profits through their schemes.

Legal, Regulation & Compliance