06/25/2014
Law Firm Expands Client Practice in South Florida
He concentrates her practice in the areas of estate planning, guardianship administration, probate administration, and trust administration. She works with non-traditional families regarding all types of estate planning issues and also drafts pre- and pos
06/25/2014
Citigroup and Three Others Must Revamp Proposals in Wake of Failed 'Stress Tests'
06/25/2014
BNP Paribas SA is relocating its US sanctions compliance operations to New York from Paris.
06/24/2014
The Securities and Exchange Commission today charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors.
06/24/2014
International law firm opens two US offices
The offices, in Palo Alto and New York, will both open in September this year.
06/23/2014
The New York Department of Financial Services has also demanded the firings of 30 employees said to be involved in the allegedly illicit trades
06/23/2014
One of the hallmarks of this industry is the rich vein of innovation that runs through it
06/20/2014
An investor must wonder: What is all of this?
06/17/2014
BofA's Merrill fined for mutual fund overcharges
Bank of America Corp's Merrill Lynch unit was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 retirement accounts and charities that invested in mutual funds.
06/17/2014
The trusts sued Merrill Lynch Mortgage Lending Inc. in New York State Supreme Court in Manhattan in December 2012, seeking to force it to buy back allegedly misrepresented loans.
06/13/2014
The Office of the Comptroller of the Currency (OCC) is issuing interim procedures for examiners to assess banks’ progress in developing a framework to comply with requirements of section 619 of the Dodd-Frank Wall Street Reform and Consumer Protecti
06/11/2014
The U.S. Internal Revenue Service issued a ruling that clears the way for institutional investors to seek changes to incentive fees assessed by hedge funds, which may make it cheaper for them to invest in such offerings.
06/11/2014
Institutions have been pushing managers to charge incentive fees on a cumulative basis
06/11/2014
A former Rabobank NV trader pleaded guilty on Tuesday for his role in manipulating Libor, becoming the first person to admit guilt in a worldwide probe into alleged manipulation of interest rate benchmarks.
06/10/2014
Liquidnet was fined $2m by the SEC for sharing customer trading information
06/10/2014
When a fund becomes illiquid it can find that its assets cannot be sold at all
06/09/2014
Klayman & Toskes and Carlo File $2 Million Claim Against UBS
These funds were too risky to maintain these objectives
06/09/2014
Former director sues BNP Paribas North America
The lawsuit alleges that the company eventually fired Orlando from the New York office in a retaliatory move
06/09/2014
Masayuki Oku takes issue with regulations that exceed demands of Basel III regime
06/09/2014
We are extremely delighted to have assisted Dai-ichi Life on this strategically important transaction