Managers of Wealth Americas

SEC Increasingly Turns Focus Toward Strength of Cyber Risk Disclosures

This Legal Update provides background on the new SEC chairman and the SEC rulemaking process, the SEC’s prior guidance on cybersecurity disclosures

Seasoned Atty Opens Private Wealth Boutique

Jason is a graduate of New York University and Yale Law School.

LIBOR transition: Facing Into The End-Game

The operational, conduct and regulatory risks associated with meeting the challenge are considerable.

Robinhood to pay $70m in Finra settlement

The company relied on algorithms to approve customers for options trading, with only limited oversight by firm principals but "often approved customers to trade options based on inconsistent or illogical information".

US bank lobby group gives Japan's MUFG a seat at the table

Tokyo-based bank chairman first from Asian lender on board of Bank Policy Institute

Oil trading in Ecuador: Office of the Attorney General of Switzerland opens investigation

The Swiss investigation aims to clarify whether in relation to this complex of facts any offences could have been committed on Swiss soil.

Support for making Bitcoin legal tender grows in Latin America

Following the announcement, reactions from businesspeople and politicians across Latin America have been mixed.

PNC Announces Stress Capital Buffer and Planned Capital Actions

PNC plans to reinstate its share repurchase programs with repurchases of up to $2.9 billion for the four-quarter period beginning in the third quarter of 2021.

Wells Fargo Issues Statement Regarding the Federal Reserve’s Stress Test Results

The Company expects to increase its third quarter 2021 common stock dividend to $0.20 per share

US judge throws out Facebook anti-trust lawsuits

This resulted in the social networking giant's market value rising above $1tn (£720bn) for the first time ever.

BIS Annual Economic Report 2021

In the coming year, issues such as corporate insolvencies and capital and labour reallocation will come to the fore.

UBS to let two-thirds of staff mix working from home and office permanently

The move by UBS sets a stark contrast between the Swiss lender and many of its US rivals.

Judges don’t bite on DB defense applying to DC in ERISA cases

If DC sponsors could successfully use this "no harm, no foul" ruling, then they could persuade judges to dismiss complaints, thus reducing the costs of going to trial.

FinCEN Recognizes Law Enforcement Successes Resulting from BSA Reporting

This tireless work is about helping the most vulnerable among us, a matter of financial integrity but also human integrity.

When it Comes to Recovering on Securities Class Actions, More Money Means More Complexity

Ross Todd from The AM Law Litigation Daily interviews Steve Cirami, VP, Head of Class Actions and Corporate Actions at Broadridge.

Ogier advises Sports Entertainment Acquisition Corp SPAC merger with Super Group to create NYSE-listed company

"We were delighted to work alongside the team at Ropes & Gray LLP and we can't wait to see what the combined group does next."

Morgan Stanley to bar unvaccinated staff and clients from New York office

Investment bank says policy will come into effect on July 12

Margaret Sohagi Selected to Best Lawyers in America 2021 "Women in Law"

When necessary, she ardently defends lead agencies' land use approvals and environmental determinations in judicial proceedings, and frequently heads mediation teams in settlement discussions.

Ontario regulator takes aim at crypto firm Bybit

Additionally, the OSC stated that platforms that allow access to Ontarians are regarded by the OSC as operating in Ontario for the purposes of securities regulation.

BMO Investments Inc. Announces Results of Annual and Special Meetings of Securityholders

BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.

Legal, Regulation & Compliance