Judge Robert Ruwe's opinion, filed on April 10, generally affirmed the IRS’s determinations that Syzygy did not engage in insurance transactions and did not qualify as an insurance company
Latin Lawyer's reference to the firm records that "the firm is busiest in the funds space", has been "building its experience of fintech" and is "active elsewhere in the region, in Chile, Argentina, Peru and Central America f
The proposed changes, which are subject to industry feedback, would relax the capital and stress testing requirements for the subsidiaries of foreign banks.
A lock-up agreement is a legally binding contract issued by the underwriters of an IPO that prohibits people close to the company, including executive and employees, from selling shares for a period of time, typically ahead of a stock's debut.
The deal brings over $50 billion in assets to Baird, whose roughly 900 advisors managed more than $208 billion as of the end of 2018, according to the paper.
UBS is likely to address its approach to the resolution, including whether it will attempt to recoup money from brokers or other employees, in upcoming meetings, the internal source said.
Portfolio Advisors partner Brian Murphy, who has been leading the charge to develop the firm's presence in Latin America, said the company has increased its focus on Chilean pension funds following regulatory changes that gave the AFPs more access to
The amendments, some of which are technical in nature, touch a variety of disclosure requirements impacting registration statements and current and periodic reports.