UBS fined $8.1m over ETP sale compliance failures
‘Advisory firms must protect clients from inappropriate investments in complex products’
SEC
-
-
US charges duo over Cayman Islands fund fraud
They ‘routed nearly all investor funds to shell companies under the defendants’ control’
-
Actor has assets frozen for involvement in $690m Ponzi scheme
He and his company promised 35% returns by reselling film rights to Netflix and HBO
-
Family office unveils US expat service as SEC licence extended
It has also opened a Geneva office with plans to launch a London operation in future
-
17,000 retails investors stung in $1.7bn scam
Trio charged with running a Ponzi-like scheme by the US financial watchdog
-
Bitcoin trio charged with $11m digital asset fraud
They targeted retail investors
-
US fund manager charged for defrauding retail investors
He and his company misappropriated $7m in client money via real estate investments
-
Panama Papers accountant gets three years
He helped US clients evade taxes and worked with lawyers at Mossack Fonseca
-
Ex-DeVere duo fined $750,000 by US regulator
One was also handed a permanent ban
-
UBS fined $10m for breaching retail bond rules
‘Flippers’ given priority over Main Street investors
-
Praemium eyes expansion of Fatca-compliant offering
Many firms and financial institutions have been turning US citizens away due to reporting burden
-
Blacktower expands advisory network to the US
It already is in ‘late stage discussions’ to enter three other markets