Managers of Wealth Americas

David Guin featured in Investment News article on proposed SEC legislation for family offices

David tells Investment News he’s unsure if the legislation’s prospects are very promising.

Fidelity enjoys big year among lineup changes in 401(k) plans

P&I compared 880 11-K filings with the Securities and Exchange Commission between May 28 and June 30 with filings in 2020 and found that 101 U.S. corporate 401(k) plans added at least one investment option last year.

Clifford Chance advises on tender offer and related financing by Peruvian company Pesquera Exalmar

The Clifford Chance team comprised members from all three Americas offices and was led by Capital Markets partner Hugo Triaca.

Almost Time for Term SOFR

The different reference sources, day-count conventions, and publication calendars for Term SOFR and SOFR Averages are explained, and recommendations are given regarding key loan conventions.

Ex-Merrill Trader Says He Learned to Spoof From Pacilio, Bases

Lakhan, who agreed to cooperate with the government to avoid prosecution, said he began using the same techniques from his office in London.

US Charges British Art Restorer for Role in Antiquities Trafficking Ring

New York Authorities had long pursued Kapoor, and have slowly been repatriating some of the more than 2,500 looted artifacts they confiscated when they shut down his Manhattan dealership.

RBC Wealth fires advisor following kidnapping charges

Investment advisor was arrested for reportedly assaulting two women in separate incidents

Ex-Goldman Sachs banker in 1MDB corruption case gets smaller ankle bracelet

Ng is on probation pending trial in Brooklyn federal court where he stands accused of conspiring to violate an anti-bribery law and launder money.

UBS Settles Charges Related to Investments in Complex Exchange-Traded Product

More Than $8 Million Returning to Harmed Investors as Part of Ongoing Risk-Based Initiative

SEC Files Charges in Multi-Million Dollar Fraud Involving Two Companies

The SEC’s complaint charges Govil with violations of antifraud provisions of the federal securities laws

US Federal Agencies Release Public Sections of Resolution Plans for Eight Large Banks

By regulation, resolution plans must be divided into public and confidential sections.

Treasury issues ‘priorities’ required by AML Act, experts cite minimal value to compliance

The priorities reflect the U.S. government’s view of the threat landscape

A scandal cost Brazil billionaire bank CEO his job, but not control

The Esteves revival gained strength after he was first exonerated in one of Brazil's "Car Wash" corruption inquiries in July 2018.

Ogier represents DCP Capital, Ocean Link and Rick Yan

Under the terms of the agreement and plan of merger, on completion, 51job will merge with Garnet Faith Limited, a Cayman Islands company controlled by the investor consortium

Treasury Committee publishes recommendations report on net zero and future of green finance

After another stormy set of inflation data from the US last week, inflation appears to have still not peaked, and there is less support for the view that it will prove transitory.

Dentons launches combination with Paz Horowitz Abogados in Ecuador

While some of the best companies in the world have made growth key to their success, Dentons is the first and only law firm to do so.

Bank of America approves Bitcoin futures trading for select clients

Recall that the bank recently launched a cryptocurrency research team dedicated to researching cryptocurrencies and related technologies.

SEC Charges SPAC, Sponsor, Merger Target and CEOs for Misleading Disclosures

The SEC filed a separate litigated action against Kokorich.

UBO in the USA: reporting requirements on the horizon

Businesses will need to keep abreast of developments or enlist the support of a third party who can keep them informed, or even handle compliance obligations on their behalf.

US flags Maltese pension plans as ‘potentially abusive’

Government body warns they may be facilitating tax avoidance

Legal, Regulation & Compliance