NEW LIABILITY FOR ADVISORS?

The U.S. Supreme Court recently agreed to consider the convictions of three U.S. citizens who were found guilty of U.S. wire fraud laws only because they'd evaded Canadian taxes. Advisors are closely watching the case, Pasquantino v. United States, fearing that if it's upheld, international clients could become too dangerous to handle. Suddenly advisors of every stripe lawyer, broker, insurance agent,

The U.S. Supreme Court recently agreed to consider the convictions of three U.S. citizens who were found guilty of U.S. wire fraud laws only because they'd evaded Canadian taxes.

Advisors are closely watching the case, Pasquantino v. United States, fearing that if it's upheld, international clients could become too dangerous to handle. Suddenly advisors of every stripe — lawyer, broker, insurance agent, accountant, fiduciary — might be forced to ensure that their clients comply

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