If you promise yourself that you will make a powerful commitment to clients, rainmaking and self-discipline, you will come out ahead in 2009 in spite of the economic crisis.

Regulators typically offer a “settlement premium” that is meant to represent a discount on sanctions they would seek at a hearing or trial. Is it worth it?

SEC In Madoff Squeeze: The $50 billion question on everyone's mind as investigators sift through files and records of Bernard Madoff is how and for how long did the 70-year-old money manager and pioneer of electronic trading get away with the...

As Bernard Madoff was being fitted for an electronic ankle bracelet and ordered to stay inside his house, the heat was being turned up on the cop that didn’t catch him: the SEC

Mark DeCambre and Kaja Whitehouse published a story today in the New York Post titled: “Ex-SEC Boss: Not My Fault,” which opened a window onto the thoughts of those charged with regulating Wall Street.

Today the SEC resolved charges against Citi and UBS alleging that the two firms misled investors about liquidity risks related to auction-rate securities.

The wonderful power to adjust bestowed upon trustees by the Uniform Principal and Income Act (UPIA) has a dark side: lawsuits filed by beneficiaries unhappy with the results of those decisions. Most states' UPIA statutes are rather new, so the...

There can be serious tensions with beneficiaries when a trustee is required to distribute all of the trust's income currently (meaning, it's a mandatory income trust) and the trust holds an interest in a partnership or other pass-through entity...

It was in the depths of the Great Depression that the alternative valuation mechanism was first put into place. Federal lawmakers realized that forcing an estate to pay taxes on its assets' value the exact day a wealth owner died might mean, when...