09/15/2021
Dentons Canada receives Mansfield 4.0+ certification from Diversity Lab
The Mansfield Rule Certification is a key measure of inclusion in the legal industry
Legal, Regulation & Compliance
09/15/2021
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.
09/15/2021
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
09/14/2021
SEC fines Chinese billionaire's companies $539m over illegal offerings
Companies to Pay More Than $539 Million in Settlement for Distribution to Investors
09/14/2021
Trio charged after investors lose $155m
They were arrested in Spain, Argentina, and the US
09/13/2021
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.
09/12/2021
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.
09/12/2021
SEC sues Rivetz over Cayman-based US$18 million token sale
The token sale between July and September 2017 raised the equivalent of US$18 million from investors
09/10/2021
The Proposed Overregulation of Family Offices
Is it just a game of political “Whack-A-Mole”?
09/10/2021
Wells Fargo Issues Statement on OCC Enforcement Action, Expiration of CFPB Consent Order
Developments represent both progress and work left to do on complex, longstanding issues
09/09/2021
SEC & CFTC Enforcement Update
Three of the CFTC’s four actions concerned commodity pool fraud.
09/08/2021
Marketing, Advertising Top 2021 Concern for Firms’ Compliance Officers
Most firms report effective business continuity plans related to COVID-19
09/08/2021
Getting Ready for Expanded Rollover Disclosure Requirements
Answers to questions regarding rollovers.
09/07/2021
Accidental Americans fundraise for latest US legal action
In a bid to force American embassies to resume processing citizenship renunciation requests
09/03/2021
UK prioritises US data transfers agreement
The government’s plans in relation to bolstering international data transfers also include the formation of a new International Data Transfers Expert Council.
09/02/2021
DLA Piper advises Citigroup Global Markets and Cowen and Company
DLA Piper's global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked secu
09/02/2021
Federal Agencies Set Out Guidance for Fintech Partnerships
FDIC, Fed and OCC published updated guidance on fintech work for community banks
09/02/2021
France fines U.S. bank JP Morgan $29.6 mln in tax fraud settlement
Prosecutors said BitConnect ran a "textbook Ponzi scheme" by paying earlier investors with new investor money.
09/01/2021
Regulators warn Wells Fargo of new possible sanctions
The bank has sought more time to resolve the issues raised by the consent orders, according to Bloomberg.
09/01/2021
Morgan Stanley raises pay for institutional securities analysts
Those workers’ base pay increased to at least $100,000, from around $85,000, starting this month.