Managers of Wealth Americas

FINRA Fines Ex-Merrill Rep Who Hid Felony Drug Charges

Since he is no longer registered as a broker or advisor, the suspension will be imposed only if he reassociates with a member firm.

US to target cryptocurrency firms involved in ML

The US government is reportedly set to prepare an array of actions, including sanctions to deter cryptocurrency firms getting involved in ransomware and laundering.

US Treasury sanctions crypto exchange for laundering ransom payouts

“Ransomware and cyber-attacks are victimizing businesses large and small across America and are a direct threat to our economy. We will continue to crack down on malicious actors,” said Treasury Secretary Janet L. Yellen.

Baillie Gifford cuts fee on top performing US Growth trust

The US Growth trust has become the latest portfolio in the Baillie Gifford stable to receive a fee cut following a year of outstanding performance.

Tax Reform is Coming: What it Could Mean For You?

The top long-term capital gains rate would be increased from 20% to 25% for taxpayers in the highest ordinary income tax bracket, effective for sales after September 13, 2021

SEC Surpasses $1 Billion in Awards to Whistleblowers with Two Awards Totaling $114 Million

The SEC has awarded approximately $1 billion to 207 individuals since issuing its first award in 2012.

K&L Gates Releases ESG and the Sustainable Economy Handbook

ESG and sustainability are important topics that touch on many aspects of running a business today

Mirabaud's U.S. Political Woes Deepen

It also said that was unaware of Brockman’s real involvement in the accounts held with the bank, as none of these were in his name.

FTI Consulting and Compass Lexecon Professionals Lead Who’s Who Legal Consulting Experts Guide for the Sixth Consecutive Year

FTI Consulting and Compass Lexecon had 152 professionals named to the list.

Debevoise Advises Fortitude Re

The transaction is expected to close during the first half of 2022.

Family Limited Partnerships for US connected families in the UK

An FLP is typically transparent for income tax in the US and UK and for UK CGT.

Climate Change Regulation for US Insurers

Nevertheless, there is continuing regulatory activity that should, reasonably soon, enable the US insurance industry to spot at least the outlines of an emerging climate change regulatory framework.

The U.S. Infrastructure Bill and Cryptocurrency Regulation

One such newly proposed cryptocurrency regulation is included as a provision of the $1 trillion bipartisan infrastructure bill moving through Congress.

Dentons Canada receives Mansfield 4.0+ certification from Diversity Lab

The Mansfield Rule Certification is a key measure of inclusion in the legal industry

Regions Bank’s Capital Markets Division Adds Freddie Mac Multifamily Financing Services

Freddie Mac Multifamily Lender approval complements Regions’ focus on affordable housing and conventional multifamily financing.

Prudential Financial to sell $31B PALAC block of legacy variable annuities to Fortitude Re

The PALAC block primarily consists of non-New York traditional variable annuities with guaranteed living benefits that were issued prior to 2011, which constitute approximately $31 billion or 17% of Prudential’s total in-force individual annuity acc

SEC fines Chinese billionaire's companies $539m over illegal offerings

Companies to Pay More Than $539 Million in Settlement for Distribution to Investors

Trio charged after investors lose $155m

They were arrested in Spain, Argentina, and the US

COVID-19 vaccination mandates coming to a workplace near you

Specifically, President Biden has required all federal workers as well as employees of federal contractors to be vaccinated against Covid-19.

SEC committee recommends greater regulation of SPACs and Rule 10b5-1 plans

The committee also voted to approve recommendations that would impose greater restrictions on Rule 10b5-1 trading plans.

Legal, Regulation & Compliance