http://www.complinet.com Complinet Complete: North America RSS feed en complinet.com http://www.complinet.com/global/news/news/article.html?ref=122966 Investor Warren Buffett has been called "the sage of Omaha," but the Securities and Exchange Commission on Tuesday used another term to describe a neighboring investment adviser and its principal – "fraudster. Thu, 02 Jul 2009 12:20:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122975 Financial service firms lost their second battle in two days in their war against state oversight when New York's highest court let regulators bring charges of fraudulent and anticompetitive conduct in the life settlement industry. Thu, 02 Jul 2009 12:10:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122967 The Securities and Exchange Commission will consider comprehensively revising shareholder communication and voting guidelines, Chairman Mary Schapiro said Wednesday after the SEC voted to propose requiring issuers to disclose more details on pay and risk-taking. Thu, 02 Jul 2009 12:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122964 The woman who masterminded a massive, decades-long corruption scheme and recruited a team of laundrymen to help her has been sentenced to more than 17 years in prison and ordered to pay $64m in restitution. Thu, 02 Jul 2009 11:18:05 +0000 http://www.complinet.com/global/news/news/article.html?ref=122962 The Financial Crimes Enforcement Network has issued an advisory that warns casinos to take steps necessary to ensure their personnel are not aiding gamblers who want to structure financial transactions. Thu, 02 Jul 2009 11:17:35 +0000 http://www.complinet.com/global/news/news/article.html?ref=122963 In a real life scene that might have been lifted right out of an episode of the 1980s television show Miami Vice, federal authorities recently seized $6m and arrested four Colombians. Thu, 02 Jul 2009 11:16:42 +0000 http://www.complinet.com/global/news/news/article.html?ref=122968 The US Treasury Department's Office of Foreign Assets Control Department has taken the unusual step of removing 49 Colombians from its sanctions list. Thu, 02 Jul 2009 11:02:32 +0000 http://www.complinet.com/global/news/news/article.html?ref=122969 A former regulator has predicted tough times for compliance officers if the government's plan to establish a consumer financial protection agency goes ahead. Thu, 02 Jul 2009 11:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122958 CHICAGO –– (Business Wire) –– June 30, 2009 –– The Alliance of Merger & Acquisition Advisors ® (AM&AA), the leading association and credentialing body for middle market M&A professionals, today announced two new sessions dedicated to the impact and significance of FINRA's new category for investment banking professionals, Limited Representative-Investment Banking, at the AM&AA Summer Conference, July 28-30 in Chicago. Wed, 01 Jul 2009 13:00:25 +0000 http://www.complinet.com/global/news/news/article.html?ref=122922 Philip McBride Johnson is of counsel at Skadden Arps Slate Meagher & Flom and Associates in Washington, D. Wed, 01 Jul 2009 12:30:04 +0000 http://www.complinet.com/global/news/news/article.html?ref=122924 The Financial Industry Regulatory Authority has unveiled a comprehensive initiative to survey retail sales of municipal securities, promote investor protection in that market, and give retail investors tools and information to make better investment decisions. Wed, 01 Jul 2009 12:25:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122927 While federal lawmakers debate whether and how to regulate credit default swaps, the Financial Industry Regulatory Authority is looking into potential improprieties in the part of the market that is already under securities law oversight. Wed, 01 Jul 2009 12:20:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122926 The Securities and Exchange Commission charged an income-tax preparation/brokerage firm, three registered representatives and three supervisors Tuesday with luring senior citizens to free-lunch seminars and then making fraudulent and unsuitable sales of variable annuities. Wed, 01 Jul 2009 12:10:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122888 A key component of the Obama Administration's New Foundation program for reform of the regulatory system is the recognition that the US, its regulatory system and economy do not stand alone. Wed, 01 Jul 2009 12:00:17 +0000 http://www.complinet.com/global/news/news/article.html?ref=122925 The proposed Consumer Financial Protection Agency will have the power to restrict company-wide compensation under draft legislation released by the Treasury Department Tuesday. Wed, 01 Jul 2009 12:00:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=122917 A federal jury in Oklahoma has convicted two men of conspiring to launder the proceeds of a $4m investment scheme. Wed, 01 Jul 2009 11:15:45 +0000 http://www.complinet.com/global/news/news/article.html?ref=122923 Federal authorities in Miami have managed to nab yet another money laundering suspect wanted in connection with an alleged health care fraud scheme. Wed, 01 Jul 2009 11:13:40 +0000 http://www.complinet.com/global/news/news/article.html?ref=122919 The US Treasury Department's Office of Foreign Assets Control has blacklisted an Iran-based firm that allegedly acts as a front company for North Korea's nuclear and missile programs. Wed, 01 Jul 2009 00:02:40 +0000 http://www.complinet.com/global/news/news/article.html?ref=122891 The Commodity Futures Trading Commission on Monday sanctioned Salt Lake City-based futures commission merchant and foreign currency broker Interbank FX LLC for violating rules designed to protect customers' confidential personal information. Tue, 30 Jun 2009 12:10:00 +0000 http://www.complinet.com/global/news/news/article.html?ref=121470 The most renowned and developed financial centre of Latin America is located in Panama. Tue, 30 Jun 2009 12:00:35 +0000