Ex-rep fined, suspended for churning vulnerable client
The client lost $1.3 million to risky trading that generated $232,000 in commissions
- By: James Langton
- September 30, 2021 September 30, 2021
- 16:07
Latest news in From the Regulators
New crypto kid in CSA sandbox is publicly traded
The BCSC grants time-limited regulatory relief to Netcoins
- By: James Langton
- September 30, 2021 September 30, 2021
- 14:54
TD fined over account fee disclosure failure
The bank was fined $400,000 after it overcharged seniors $31 million
- By: James Langton
- September 30, 2021 September 30, 2021
- 14:03
New SRO, total cost reporting on tap for 2022, Morisset says
The CSA chair provided details Wednesday about the new SRO and why he's "all in" on CRM3
- By: James Langton
- September 29, 2021 September 29, 2021
- 15:25
Bennett Jones to represent Bridging Finance investors
The court appointed the firm based on an independent recommendation
- By: James Langton
- September 28, 2021 December 23, 2021
- 17:05
CFTC settles with firm over losses caused by negative oil prices
The firm's systems weren't ready when oil went negative, leaving clients unable to trade
- By: James Langton
- September 28, 2021 September 28, 2021
- 15:55
Wells Fargo settles allegations of overcharging FX clients
The bank paid US$72.6 million in a settlement with U.S. authorities
- By: James Langton
- September 28, 2021 September 28, 2021
- 13:52
U.S. regulators campaign for trusted contacts
SEC, FINRA, NASAA join forces in investor protection push
- By: James Langton
- September 28, 2021 September 28, 2021
- 13:46
SEC bans pair for pointless whistleblower filings
Rule changes from 2020 enable SEC to ban frivolous filers from its tip award program
- By: James Langton
- September 28, 2021 September 28, 2021
- 12:56
MFDA bans rep for dealings with elderly mother
In decision, MFDA panel stresses need for sanctions that deter exploitation of vulnerable investors
- By: James Langton
- September 28, 2021 September 28, 2021
- 09:49
2nd top Fed official to retire in wake of trading activity
Robert Kaplan's resignation follows a similar announcement earlier Monday by Eric Rosengren
- By: Christopher Rugaber, The Associated Press
- September 27, 2021 September 27, 2021
- 17:35
Meme stock options fuelled trading scheme, SEC alleges
The regulator charged a trader for exploiting high volume to carry out a liquidity rebate scheme
- By: James Langton
- September 27, 2021 September 27, 2021
- 13:09
Unregulated financial sector AI poses risks: OECD
A report from the group calls for enhanced oversight of industry algorithms and technology
- By: James Langton
- September 24, 2021 September 24, 2021
- 14:36
Pump-and-dump schemes are now openly orchestrated on social media
Australian securities watchdog is calling on industry, investors to guard against online manipulations
- By: James Langton
- September 24, 2021 September 24, 2021
- 13:57
OSC announces IFTAC members for new term
There are 16 members of the committee
- By: IE Staff
- September 24, 2021 September 24, 2021
- 12:43
Former Wall Street analyst charged with front running
Thousands of small trades over five years generated millions in profits, SEC alleges
- By: James Langton
- September 23, 2021 September 23, 2021
- 16:43
Ex-OSC chief Maureen Jensen to helm OBSI
Jensen joined OBSI's board and is tapped to be the next chair
- By: James Langton
- September 23, 2021 September 23, 2021
- 15:48
IIROC drops charge against ex-Pace CCO
The SRO withdrew the allegation after settling with the firm's former head
- By: James Langton
- September 23, 2021 September 23, 2021
- 14:18
Crypto world fuelled by hype — and securities watchdogs aren’t amused
Marketing tactics by crypto firms are raising concerns with CSA and IIROC
- By: James Langton
- September 23, 2021 September 23, 2021
- 14:11
NSSC orders fraudsmen to pay nearly $2M
The pair was banned, and ordered to pay penalties, costs and disgorgement
- By: James Langton
- September 22, 2021 September 23, 2021
- 16:02
Agreeable personalties more vulnerable to fraudsters
New research uncovers some of the traits shared by investment scam victims
- By: James Langton
- September 22, 2021 September 22, 2021
- 14:49
Don’t shut banks out of the crypto space, trade groups argue
The Basel Committee's approach is too strict on regulated firms, the industry says
- By: James Langton
- September 22, 2021 September 22, 2021
- 14:35
Court rejects industry critic’s evidence in class action against TDAM
The Supreme Court of B.C. said an "unshakeable bias" against big banks has led to excluded evidence
- By: James Langton
- September 21, 2021 September 21, 2021
- 16:38
Many U.S. advisory firms lack vulnerable client policies
Shortcoming uncovered in state regulators' compliance reviews, NASAA reports
- By: James Langton
- September 21, 2021 September 21, 2021
- 15:24
SEC alleges crowdfunding violations
Platform charged along with scheme's alleged perpetrators
- By: James Langton
- September 20, 2021 September 20, 2021
- 16:25