Home News From the Regulators

Latest news in From the Regulators

From the Regulators

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

business people standing in line under a magnifying glass

FSB consults on using compensation data to prevent financial industry misconduct

The recommendations seek to assist regulators’ oversight of the effectiveness of compensation tools in addressing misconduct risk

handshaking and exchanging contract documents

ASC gives green light to no-contest settlements

Enforcement tool enables regulators to resolve cases more quickly

High angle view of mallet eyeglasses legal book in courtroom

IIROC reports decline in enforcement activity for 2017

The SRO’s latest annual enforcement report reveals that a new authority in Ontario for IIROC to enforce disciplinary orders in the courts already is having…

Judge gavel, scales of justice and law books in court

MFDA fines, bans former mutual fund rep

David Hamilton Cudmore was terminated following accusations he was “engaged in irregular and potentially unethical business practices”

Paper family of four under a paper cutout insurance umbrella

Regulators issue proposed guidance for insurers, advisors

Proposal aims to “foster discussions between regulators, insurers and intermediaries on market conduct”

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

Report highlights significant increase in MFDA enforcement activity

Monetary sanctions levied against both mutual fund dealers and mutual fund advisors totalled $8.5 million in 2017

Some CCPs still lag on risk management and recovery planning

Regulators call on central counterparties to maintain sufficient liquidity

Washington DC Monument with cherry blossoms

SEC launches additional investor protection search tool

SALI aims to better equip investors to protect themselves against fraud