North America
Investment | 31 Aug 16
SEC fines 13 US advice firms $2.2m over false ETF claims
Thirteen financial advice firms have been fined a combined $2.2m (£1.7m, €1.9m) by the US Securities and Exchange Commission (SEC) for making false claims in relation to the ill-fated ETF manager F-Squared Investments, which filed for bankruptcy last July.
North America | 30 Aug 16
Axa wins landmark US court case over ‘exorbitant fees’
Axa has won a landmark court case in the US against investors who accused the French insurer of charging excessive fees on variable annuity products.
Investment | 26 Aug 16
Former US baseballer becomes unlikely financial adviser
Controversial former US baseball star Jose Canseco has developed something of a cult following after several of his contrarian market predictions have come true.
Best Practice | 26 Aug 16
Greater disclosure requirements for US investment advisers
Investment advisers in the US will need to provide more information to the Securities and Exchange Commission (SEC) as the regulator steps up its monitoring of the asset management industry.
North America | 24 Aug 16
Campaign group calls for Fatca exemption for US expats
American Citizens Abroad (ACA), a campaign group for US citizens living overseas, has called on the US Treasury Department to amend Fatca regulations which would allow US expats to hold bank accounts exempt from the stringent reporting standards.