Managers of Wealth Americas

Global ETF regulation proposed

The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated globally.

Fox Rothschild Expands Denver Practice With Lottner Rubin

Five associates and one counsel will allow Fox Rothschild to expand its offerings both in Colorado and in the Mountain West region

Libor scandal: regulators launch global review

Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England

KPMG Again Ranked Among World's Best Outsourcing Advisors

KPMG receives highest designation of "balanced performance" by leading industry organization

ABN AMRO clearing unit fined $1M over account breaches

Settling the charges without admitting or denying wrongdoing

SimCorp Webinar Addresses Challenges with Growth and Regulatory Requirements

Following on the heels of the global financial crisis, progressively more legislative regulation has been initiated to increase control and supervision.

SEC fines CBOE $6 million for regulatory and compliance failings

The financial penalty is the first assessed against an exchange for violations related to its regulatory oversight. Previous financial penalties against exchanges involved misconduct on the business side of their operations.

Switzerland seeks US answers on whistleblower spy claims

"In line with the Vienna Convention on diplomatic relations, Switzerland expects members of diplomatic missions in Berne and permanent missions in Geneva to respect the laws and rules of the country," it added.

SEC Charges California Wealth Manager With Insider Trading

The SEC alleges that Dosti used inside information from Kuo to trade into and out of De

Full payout to Lehman Brothers' customers begins Friday: Trustee

The trustee liquidating Lehman Brothers' collapsed brokerage will begin a round of distributions

DLA Piper Beats Out Baker & McKenzie at Top of Chart

The results are part of this year's NLJ 350, The National Law Journal's annual survey of the nation's largest law firms. Rankings are based on the number of full-time lawyers at firms as of December 31.

Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’

Prince Alwaleed bin Talal is a very rich man he’s worth $20 billion,

Wells Fargo, Merrill to pay $5.1 million to settle charges over bank loan funds

Wells Fargo Advisors LLC and Merrill Lynch have been ordered by the Financial Industry Regulatory Authority Inc.

HSBC To Be Sued By New York Over Foreclosure Abuses

The state of New York plans to sue HSBC Holdings Plc for ignoring a law designed to protect struggling homeowners from being thrown into foreclosure without getting a chance to renegotiate their mortgages.

Bank of America, Wells Fargo Fined By Finra Over Funds

Wells Fargo and Banc of America allowed their brokers to sell floating-rate bank loan funds to investors for whom the positions were unsuitable, resulting in significant losses to many customers

UBS unit to pay $5.3 million to settle SEC charge

The rule prevents an entity from buying stocks in a public offering if it has shorted those same stocks

HSBC Money-Laundering Investigation Letters Spark Questions Over Rushed Fine

A series of emails and letters released to Public Citizen, a Washington-based advocacy group, paint a partial picture of the Treasury

A Former UBS Banker Became Mentally Unstable After A Helicopter Crash And Spent Millions On Total Strangers

What's more is his Bank of America financial adviser, who was aware of his mental condition, did nothing to stop it

Liberty Reserve shut down in $6bn money laundering case

US regulators become increasingly concerned about the abuse of online currencies

Ex-KPMG senior partner to plead guilty to insider trading

Investigators then reportedly tape-recorded Mr London passing on information

Legal, Regulation & Compliance