Managers of Wealth Americas

Goldman, Morgan Stanley Sued Over Archegos-Linked Block Trades

This was followed by a $3.9 billion sales of shares in ViacomCBS Inc., Discovery Inc., Farfetch Ltd., iQiyi Inc. and GSX Techedu Inc.

DOJ Announces New Civil Cyber-Fraud Initiative

Deputy Attorney General Monaco called for Congress to designate a single mechanism where victims can file reports to the federal government to be shared immediately with the DOJ and US Department of Homeland Security.

Investors are Paying Attention to Class Action Settlements. Are Their Advisers?

Overall, we are watching asset recovery trends continue upwards.

Becoming an 'Accredited Investor' is Finally About More Than Being Rich

The new language extends qualification in a broad sweep to include those who can demonstrate something ultimately much more valuable than the sum of their personal assets.

Wall Street Enforcer Becomes First Black U.S. Attorney for Manhattan

Damian Williams is taking charge of the office known for being the nation’s most aggressive prosecutor of white-collar crime.

DOJ Fires Shots Across the Bow; Announces Two Major Cyber Initiatives

The first announcement is that the DOJ will be launching its own Cyber-Fraud Initiative and will pursue civil charges against companies that act as government contractors and fail to meet cybersecurity requirements.

Rates Unchanged, But Gradual Liquidity Withdrawal

Global central banks across the world have indicated taper over the last month.

Nasdaq makes it more difficult for companies based in “restrictive markets” to list

Companies that are public in the United States are required to file audited financial statements with the SEC.

Aspen connections unearthed in offshore money investigations

Part-time resident, Pitkin County properties pop up in probe looking at ways to hide wealth in shell companies

Merrill to Pay $850K FINRA Fine Over Short Sale Violations

From September 2013 until July 2016, Merrill violated Rule 204 of Regulation SHO and FINRA Rule 2010

BofA Gives $200 to Merrill Lynch Wealth Management staff who are vaccinated

While the new policy stops short of a mandate, it provides a financial incentive to get the shots and return to the workplace.

FATF - Consolidated assessment ratings

FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice

When Latin America’s elite wanted to hide their wealth, they turned to this Panama firm

Alcogal set up offshore companies for 160 politicians and public officials, leaked records show – including some accused of looting their countries.

PIABA: 30% of 2020 FINRA Arbitration Awards Went Unpaid

New Report Finds Increased Rates of Unpaid Arbitration Awards and Unpaid Award Money Compared To 2019; 24% of All Awarded Money Last Year Was Never Paid.

European banks need regulation reset to catch U.S. rivals: EBF

Banking capital buffers in Europe have been much tougher than in the United States

SEC enforcement action highlights scrutiny of "alternative data" and trading firms that use it

App Annie provides a free performance analytics product for mobile applications.

Marketing Strategy And Marketing Tactics For Lawyers

A marketing strategy is a researched, thought-out and well-planned document that details everything from historical data and business values to goals and metrics by which to measure success.

U.S. Attorney Announces Unsealing Of Indictment Charging Six Individuals And One Corporate Entity With Tax Fraud Conspiracy, And Related Guilty Plea

Indictment Alleges that Defendants Conspired to Help U.S. Clients Evade Taxes on More Than $60 Million Hidden Offshore

Citi fined $1 million for swap data reporting violations

The order also charges Citi for violating the cease and desist provision of a 2017 CFTC order relating to reporting and supervisory failures.

US: Regulatory order serves as a message to all about cybersecurity and governance

The Order requires the bank to develop an Action Plan to achieve compliance with the regulations.

Legal, Regulation & Compliance