conflict of interest

Fed Regional Chiefs Resign Amid Ethics Outcry
Risk & Compliance

Fed Regional Chiefs Resign Amid Ethics Outcry

The trading activities of Robert Kaplan and Eric Rosengren raised questions about whether they were "acting for personal profit" as Fed policymakers.
By Matthew Heller | September 28, 2021
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Fed’s Powell Orders Review of Ethics Rules
Risk & Compliance

Fed’s Powell Orders Review of Ethics Rules

The move follows the disclosure that Dallas Fed President Robert Kaplan made multiple trades worth $1 million or more last year in individual stocks.
By Matthew Heller | September 17, 2021
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Burford Capital CEO’s Wife Steps Down as CFO
Risk & Compliance

Burford Capital CEO’s Wife Steps Down as CFO

Elizabeth O'Connell is taking another job at the litigation finance firm amid investor concerns over her independence.
By Matthew Heller | August 16, 2019
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Note to Directors: It’s Who You Know that Counts
Talent Management

Note to Directors: It’s Who You Know that Counts

New research finds that companies will pay a premium for a well-connected board.
By David Katz | March 27, 2017
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Investment Advisor Charged Over Bond Issues
Risk & Compliance

Investment Advisor Charged Over Bond Issues

The SEC says Atlantic Asset Management failed to disclose its investment of more than $43 million in tribal bonds would benefit insiders.
By Matthew Heller | December 16, 2015
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Five Accountants Charged With Audit Violations
Risk & Compliance

Five Accountants Charged With Audit Violations

The SEC alleges CPA Peter Messineo owned stakes in companies that the firm he worked for was auditing.
By Matthew Heller | December 14, 2015
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RBC Loses Appeal of $75M Class-Action Award
Risk & Compliance

RBC Loses Appeal of $75M Class-Action Award

The Delaware Supreme Court upholds a verdict that found RBC Capital liable for misleading a client it was advising in a merger deal.
By Matthew Heller | December 1, 2015
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PE Firm Fined $10M Over Disclosure Violations
Risk

PE Firm Fined $10M Over Disclosure Violations

Private equity firm Fenway Partners failed to disclose some of the fees a portfolio company paid to a consulting firm affiliate, according to the SEC.
By Matthew Heller | November 3, 2015
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Merrill Can’t Ditch Suit Over Advice to Zale
Risk & Compliance

Merrill Can’t Ditch Suit Over Advice to Zale

A Delaware judge finds investors may sue Merrill for failing to disclose a potential conflict during Zale's sale to Signet Jewelers.
By Matthew Heller | October 2, 2015
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Guggenheim Settles Disclosure Case for $20M
Risk & Compliance

Guggenheim Settles Disclosure Case for $20M

The SEC alleges the investment firm failed to disclose a conflict of interest arising out of a client's loan to a Guggenheim executive.
By Matthew Heller | August 10, 2015
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BlackRock Sanctioned $12M Over Conflict of Interest
Risk & Compliance

BlackRock Sanctioned $12M Over Conflict of Interest

BlackRock failed to eliminate or disclose a conflict pertaining to a portfolio manager's dealings in the energy sector.
By Matthew Heller | April 20, 2015
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Fed Too Soft on Big Banks: Warren
Risk & Compliance

Fed Too Soft on Big Banks: Warren

Controversial audio tapes of a New York Fed meeting lead Elizabeth Warren to call for a Congressional investigation.
By Iris Dorbian | September 29, 2014
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