Two ex-deVere U.S. execs fined combined total of US$750,000

Two executives from a seven-year venture into the U.S. market some years ago by the well-known, globally-active deVere advisory firm have been ordered to pay US$400,060 and US$350,060 respectively for "material misstatements and omissions made to clients and prospective clients to whom they recommended overseas pension transfers".

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Focus on whistleblowers in Washington, as SEC, CFTC announce latest (un-named) reward recipients

You could almost hear the whistles of the whistleblowers blasting away in Washington this past week, as the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) both announced (on the same day) their latest multi-million-dollar awards to un-named individuals who had come forward to quietly inform the authorities of regulatory violations they knew of that were being carried out on a significant scale.

SEC vote Wednesday is latest development in years-long ‘best interest’ saga

The U.S. Securities and Exchange Commission is expected on Wednesday to approve controversial legislation that is meant to set higher standards for “broker/dealers” – those selling retirement products, insurance and investment products to American consumers – as a years-long campaign by consumer advocates to boost advisory standards is formally acknowledged by the American securities regulator. 

Belgium’s Dunhill Financial opens Florida outpost

Dunhill Financial, a Brussels-based advisory firm which specialises in looking after American expatriate clients, has opened an outpost in the U.S., to look after Americans who are returning home after spending time abroad, as well as non-Americans moving to the States for the first time.

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Opinion

Bright!Tax comment: The candidates' tax plans, and their likely implications for expats

Bright!Tax comment: The candidates' tax plans, and their likely implications for expats

Nov. 3, the date of the 2020 U.S. presidential election, is two weeks and one day away. Many expats will have voted by now, but for those who haven't –...

Oct-19-2020