Managers of Wealth Americas

Withers global art team recognized by Chambers 2022 HNW guide

The guide identifies and ranks law firms and lawyers around the world, with the HNW Guide specifically focusing on those representing wealthy individuals and families.

The Fed Serves up a Reality Check

They also made it quite clear that the anchoring of inflation expectations is more important than a potential slowdown in economic activity.

Two Financial Asset Managers Charged in Alleged $1.2 Billion Venezuelan Money Laundering Scheme

The conspirators laundered the illicit proceeds in connection with a corrupt foreign currency exchange scheme involving bribery of Venezuelan officials.

Brazil will continue with its interest rate instrument in the future, says central bank director

The central bank raised its benchmark Selic interest rate to 13.25% in June

Paul Hastings Advises SD Biosensor and SJL Partners on $1.53B Acquisition of Meridian Bioscience

The transaction is expected to close in the fourth quarter of 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

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.

AB and Impact Engine Announce Strategic Partnership

New impact investing partnership bolsters Private Wealth’s innovative, client demand-driven strategy

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.”

Ontario regulator warns Relm is unlicensed

Relm also reinsured the US’s first cryptocurrency insurance product for retail wallet holders.

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.

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.

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

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.

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.

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.

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.

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.

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.

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

Legal, Regulation & Compliance