12/10/2012
Under the securities laws, fund directors are responsible for determining the fair value of fund securities for which market quotations are not readily available.
12/10/2012
A US Senate investigation said the UK-based bank had been a conduit for "drug kingpins and rogue nations".
12/10/2012
Since 2009, several European banks have paid heavy settlements related to allegations they moved money for people or companies on the U.S. sanctions list.
12/09/2012
Active ETFs seek to combine the skill of a manager selecting investments with the trading flexibility, lower fees and tax advantages of ETFs, which typically track an index.
12/05/2012
The investors claim in a lawsuit in Manhattan federal court that BTA Bank, which isn’t named as a defendant, defrauded them by inducing them to buy debt securities as part of a 2010 restructuring.
12/05/2012
Barclays did not name specific countries in its October disclosure, but in November, responding to a newspaper report, the bank said it did not make any illegal payment to get a Saudi license.
12/05/2012
Three former Deutsche Bank employees have filed complaints with the US securities regulators claiming the bank failed to recognize up to $12 billion (£7.46 billion) of unrealised losses during the financial crisis.
12/03/2012
A defense attorney with Akin Gump, said the CME investigation involves a "technical risk management activity" that occurred "in a one-minute period four years ago."
12/03/2012
The incident that led to the Goldman internal inquiry took place the end of 2009 and involved profits Hadden is said to have made ahead of the launch of a new Treasury futures contract introduced by the CME Group in early 2010.
12/03/2012
This is the latest honor for the legal boutique firm, which was also recently awarded the 2012 Corporate Intl Magazine Global Award for the “Cross Border Law, Firm of the Year” in Florida.
12/03/2012
The order also permanently prohibits MBF and its successors from further violations of the CEA and CFTC regulations, as charged, and from failing to diligently supervise its employees and agents to insure the proper segregation of customer funds.
11/29/2012
"These four firms and all other foreign broker-dealers must educate themselves on the U.S. laws and regulations when they provide services to U.S. investors."
11/29/2012
For years, since the SEC began its far-reaching investigation into insider trading within the hedge fund universe, its probe has led to civil and criminal charges against former SAC traders and investment managers.
11/28/2012
A new U.S. anti-tax-evasion measure imposes unfair costs on foreign banks and clashes with Chinese law
11/28/2012
The firm becomes the last of the magic circle excluding Slaughter and May to make an entrance in the city
11/26/2012
Claimant sought compensatory damages, punitive damages, attorneys’ fees, and costs against Respondent Baird.
11/25/2012
Firm head Martyr sets out plans to grow New York base and launch in Brazil following tie-up with Fulbright
11/21/2012
Cantor also charged for failing to timely notify the CFTC of under-segregation
11/20/2012
Mathew Martoma was charged in U.S. District Court in Manhattan with using confidential information about an Alzheimer's disease drug trial
11/20/2012
The economy is not recovering as it should