In one client’s account, whose net worth was over $5 million and whose investment objective was income and capital appreciation, Fagenson’s trading allegedly resulted in an annualized turnover rate of 16.07 and an annualized cost-to-equity rat
In addition to the prison sentence, U.S. District Judge Anne Thompson sentenced Newsholme to three years of supervised release, the website writes.
Marques, who resides in New Jersey, was granted authorization to work in the U.S. under Deferred Action for Childhood Arrivals
Leading economic policymakers are now considering whether central banks should issue their own digital currencies, to be made available to everyone, rather than just to licensed commercial banks.
“The absence of an effective, global sanctions-compliance infrastructure and lack of management oversight allowed Société Générale employees to ignore the scope and applicability of laws governing economic sanctions, as w
Barclays was accused of concealing 21.6 billion pounds (then about US$42 billion) of mortgage-backed securities and other risky assets insured by monoline insurers, and a March 2008 “directive” by the U.K. Financial Services Authority requirin
The former broker initially cooperated with Finra’s investigation into his discharge, but stopped doing so in September 2018, by first sending an incomplete response and then informing Finra staff through his lawyer that he would not provide the res
The donor, or grantor, is the individual who creates the trust and transfers her personal assets into it. The trustee manages the trust and its assets as directed by the trust document.