Robinhood to pay US$70 million to settle FINRA accusations
The charges included hurting clients by giving misleading information and allowing risky trades
- By: The Associated Press
- June 30, 2021 June 30, 2021
- 12:09
Latest news in From the Regulators
SEC names NJ attorney general to head enforcement
Former prosecutor and current state attorney general Gurbir Grewal named to top post
- By: James Langton
- June 29, 2021 June 29, 2021
- 15:53
Compensation available to certain victims of decade-old fraud scheme
Investors who lost money in a case settled with regulators in 2010 are now entitled to make claims
- By: James Langton
- June 29, 2021 June 29, 2021
- 15:51
SEC sanctions trading platform for breach
After being acquired by JP Morgan, the firm gave up its registration but continued to provide services, the SEC alleged
- By: James Langton
- June 29, 2021 June 29, 2021
- 11:50
Fund rep sanctioned for stealing from bank customers
Ex-rep admitted to misappropriating money and undisclosed borrowing from a client
- By: James Langton
- June 29, 2021 June 29, 2021
- 08:58
Former Calgary advisor faces fraud charges
The RCMP alleges the former rep engaged in unauthorized trading and secret commissions
- By: James Langton
- June 28, 2021 June 28, 2021
- 16:39
Bulk of Bridging funds’ loans under review by PwC
The latest report to investors shows the majority of funds' assets have yet to be classified
- By: James Langton
- June 28, 2021 December 23, 2021
- 15:37
New Zealand regulators to influencers: #Dontgiveunregisteredfinancialadvice
Regulators issued a guidance directed at social media "finfluencers"
- By: James Langton
- June 28, 2021 June 28, 2021
- 11:53
Pair charged in global insider trading scheme
Traders allegedly paid for tips from investment bankers and corporate insiders
- By: James Langton
- June 25, 2021 June 25, 2021
- 16:55
Merrill Lynch sanctioned for alleged churning
FINRA has fined the firm and ordered restitution for early rollover recommendations
- By: James Langton
- June 25, 2021 June 25, 2021
- 12:48
IIROC sails through CSA review
An oversight examination has uncovered just one "low-priority" issue with market surveillance
- By: James Langton
- June 25, 2021 June 25, 2021
- 11:31
NSSC reduces IIROC sanctions
The regulator reduced penalties against an advisor after finding errors in the SRO's decision
- By: James Langton
- June 24, 2021 September 21, 2021
- 14:06
U.S. regulators eye rules as retail trading surges
FINRA reminded firms that order routing must seek best execution, not richest incentives, in a recent notice
- By: James Langton
- June 24, 2021 June 24, 2021
- 12:29
MFDA fines and bans rep who borrowed from a client
The client was repaid, but the funds used to repay the client came from a mysterious source
- By: James Langton
- June 23, 2021 June 23, 2021
- 17:53
CFRs won’t disrupt DSC sales ahead of ban
Regulators are granting relief from certain CFR requirements to allow DSC sales until a ban takes effect
- By: James Langton
- June 23, 2021 June 23, 2021
- 15:05
CSA takes national approach to crowdfunding
New rules increase maximum limits for issuers and investors
- By: James Langton
- June 23, 2021 June 23, 2021
- 12:51
Court rejects law firm’s request to represent retail investors in Bridging Finance case
A judge has given PwC 60 days to sort out funds' finances before appointing lawyers to represent investors
- By: James Langton
- June 23, 2021 December 23, 2021
- 11:39
Much wow! Dogecoin comes to regulated platform
The OSC has allowed Wealthsimple to expand its crypto lineup and ease client limits
- By: James Langton
- June 22, 2021 June 22, 2021
- 16:23
Clock is ticking on LIBOR, OSFI warns
The regulator says we're entering a "critical phase" in the transition to risk-free rates
- By: James Langton
- June 22, 2021 June 22, 2021
- 15:12
U.K. trader gets U.S. jail time
A trader has been sentenced for "spoofing" after being convicted by a Chicago jury
- By: James Langton
- June 22, 2021 June 22, 2021
- 14:04
FCA seeks better climate disclosure from asset managers, companies
Regulator proposes TCFD-aligned rules for asset owners and public companies alike
- By: James Langton
- June 22, 2021 June 22, 2021
- 13:44
OSC charges CannTrust directors, ex-CEO
The allegations stem from illegal cannabis production that was discovered in 2019
- By: James Langton
- June 22, 2021 June 22, 2021
- 13:29
OSC takes action against British Virgin Islands cryptocurrency company Bybit
The regulator ordered cryptoasset businesses to explain how their operations meet provincial securities standards
- By: The Canadian Press
- June 21, 2021 June 21, 2021
- 16:20
OSFI consults on revisions to insurers’ capital rules
Revisions to accommodate a new accounting standard are due in 2023
- By: James Langton
- June 21, 2021 June 21, 2021
- 16:14
Fraudsters face jail in US$150-million online scheme
Phony websites, offshore accounts were used to dupe banks and credit card companies
- By: James Langton
- June 21, 2021 June 21, 2021
- 13:41