Home News From the Regulators

Latest news in From the Regulators

meeting room interior with table, raw of chairs and block-notes,decorated in black and white tones

Global RESP fined for failing to comply with previous settlement

The firm failed to implement any policies or procedures designed to ensure founder Sam Bouji did not act as an officer of the firm

Closeup of mallet being hit on stacked coins at table in courtroom

Former rep for banned misappropriating client funds

The vulnerable investors were the parents of the rep’s former fiancé

AMF seeks candidates for Distribution Practices Advisory Committee

Committee member will provide the Quebec regulator with feedback on the insurance and financial planning sectors

Virtual Wallet Smartphone Bitcoins On Printed Circuit Board concept

Police warn of cryptocurrency fraud schemes

Bitcoin fast becoming the preferred payment mechanism in CRA scams

xhausted businessman dragging heavy chains

CSA targets four areas to ease regulatory burden on investment funds

Regulators will propose eliminating redundant disclosure and making greater use of online technology to communicate with investors

Male hand with pen on the investment chart with calculator and canadian dollars

CSA seeks comment on post-trade transparency requirements for government debt

IIROC’s role as information processor expanded

agreement, attorney, auction, authority, balance, barrister, beam, scale, book, bookcase, books, brass, brown, business, colourconcept, contract, counsel, court, courthouse, courtroom, crime, criminal, decision, defendant, divorce, enforcement, financefreedom, gavel, government, guilt, guilty, hammer, horizontal, innocence, judge, judgement, judgment, judicial, justice, lawlawyer, legal, legislation, liberty, libra, litigation, mallet, prosecution, punishment, rights, scale, scales, scales, of, justice, sentencesymbol, symbolic, system, tax, trial, tribunal, truth, verdict, weight, will, wood, wooden

MFDA to hold penalty hearing for former WFG Securities reps

Twelve reps at a branch in Mississauga, Ont. falsified KYC information in order to obtain investment loans

meeting room interior with table, raw of chairs and block-notes,decorated in black and white tones

MFDA seeks comment on proposed sanction guidelines

Proposals reflect trends toward a principles-based approach to sanctioning

U.K. Cryptoassets Taskforce meets for the first time

The taskforce represents a central part of the U.K. government’s efforts to understand and engage with new technologies in the financial services sector

Many hands choosing cryptocurrency coins from box labeled ICO

Regulators launch co-ordinated probe of cryptocurrency fraud

More than 40 provincial and state regulators are involved with Operation Cryptosweep

  • May 22, 2018 May 22, 2018
  • 12:00
Bitcoin Electronic Crypto Currency Exchange Concept Illustration

OSC warns investors about unregistered cryptocurrency groups

Regulator singles out five firms in investor alert

BCSC issues cryptocurrency alert

Investors advised to exercise caution

Judge gavel, scales of justice and law books in court

Court overturns advisor’s acquittal

Ontario advisor violated securities rules by borrowing funds from several insurance clients

  • May 17, 2018 May 17, 2018
  • 11:00
Business economic graph and chart digital illustration

AMF seeks candidates for its technology advisory committee

The committee provides the AMF with input on technological innovation in the financial sector

Financial analysis of charts and graphs on tablet illustration

Proprietary product sales a cause for concern: Canoe CEO

Darcy Hulston posits that regulators may eventually crack down on the practice of advisors selling products their firms manufacture

Vancouver skyline with Stanley Park

BCSC panel sanctions man and partnership for fraud

Ping Bai and RBP Consulting received $1.53 million from investors who were told their funds would be invested in foreign exchange trading

  • May 14, 2018 May 14, 2018
  • 15:48
Supreme Court of Canada

CCMR delayed again

Depending on an upcoming Supreme Court of Canada ruling, the participating governments will update the timing of the new regulator’s launch

Ottawa Canal at night

Canada to host global tax conference next week

Government officials will discuss best practices in tax administration and efforts against tax evasion with global counterparts

Downtown Calgary with River skyline`

Kari Horn appointed ASC vice chairwoman

Former general counsel a depth and breadth of knowledge of securities laws and regulatory matters to her new role

gavel with $100-bill background

NBF fined $110,000 for supervision failure

Advisor did not comply with the dealer’s own guidelines for leveraged ETFs

Stacked white books on rules and regulations

IIROC provided numerous exemptions from its own rules in 2017

Regulator reports that it received 324 proficiency exemption applications last year

FCAA warns investors of “reload scheme”

Saskatchewan regulator issues cease-trade order

Closeup of mallet being hit on stacked coins at table in courtroom

Big Rock Labs founder fined $100,000 for manipulative trading

Trading in multiple accounts created a misleading appearance of market activity

Michael Piwowar stepping down from SEC

Piwowar briefly served as acting SEC chairman

OSC requests applications for continuous disclosure advisory committee

The deadline for applications is May 28