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
Latest news in From the Regulators
SEC alleges crowdfunding violations
Platform charged along with scheme's alleged perpetrators
- By: James Langton
- September 20, 2021 September 20, 2021
- 16:25
Regulators bring diversity push in-house
North American body adopts diversity, inclusion policy
- By: James Langton
- September 20, 2021 September 20, 2021
- 13:39
Discretion proves better part of valour for advisor
Court finds no breach when advisor didn't "sell in May and go away"
- By: James Langton
- September 17, 2021 September 17, 2021
- 16:24
IIROC will host panel on inclusion for advisors
The online event on Oct. 13 will focus on diversity issues for frontline staff
- By: James Langton
- September 17, 2021 September 17, 2021
- 13:51
SEC settles with RBC unit over bond allocations
So-called bond flippers prioritized over retail, institutional clients, regulator alleged
- By: James Langton
- September 17, 2021 September 17, 2021
- 13:43
Madoff victims to see another payout
More than US$4 billion in total is expected to be returned to Madoff's investors
- By: James Langton
- September 17, 2021 September 17, 2021
- 10:13
PACE Securities CEO faces temporary ban after IIROC settlement
The settlement follows the firm's liquidation last year
- By: Michelle Schriver
- September 16, 2021 September 16, 2021
- 17:52
OSC grants critical benchmark status to CDOR
Regulatory oversight for benchmarks comes in response to the LIBOR scandal
- By: James Langton
- September 16, 2021 September 16, 2021
- 12:27
Maritime regulators kick off diversity discussion
The NSSC and FCNB published a consultation paper on possible governance reform
- By: James Langton
- September 16, 2021 September 16, 2021
- 10:22
SEC whistleblower payouts top US$1-billion mark
Agency pays near-record US$110 million to tipster
- By: James Langton
- September 15, 2021 September 15, 2021
- 16:02
FAIR Canada blasts banks for trimming shelves
The advocacy group calls for action to preserve competition and protect investors
- By: James Langton
- September 15, 2021 September 15, 2021
- 15:16
Poor returns, bad advice, scams all in FCA’s crosshairs
The U.K. regulator unveiled a three-year strategy to combat an array of investor harms
- By: James Langton
- September 15, 2021 September 15, 2021
- 14:22
Banks’ shrinking shelves no surprise to regulators, industry
Loss of third-party fund distribution seen as "unintended consequence" in 2018
- By: James Langton
- September 14, 2021 September 14, 2021
- 16:56
New York court shutters crypto trading firm
Permanent injunction and $3 million in relief ordered against Coinseed and its CEO
- By: James Langton
- September 13, 2021 September 13, 2021
- 17:29
AMF seeks to enhance financial industry complaint handling
Proposal would harmonize standards throughout Quebec's financial sector
- By: James Langton
- September 10, 2021 September 10, 2021
- 13:46
Ontario regulator seeks feedback on life agent reporting requirements
FSRA's consultation also includes insurers' related obligations to ensure agent suitability
- By: IE Staff
- September 9, 2021 September 10, 2021
- 15:12
IIROC raises regulatory fees ahead of SRO overhaul
Fees as a share of industry revenues and profits have continued to decline
- By: James Langton
- September 8, 2021 September 8, 2021
- 13:18
Financial sector vulnerabilities on the rise
Valuations, inflation, investor exuberance top European regulators' concerns
- By: James Langton
- September 8, 2021 September 8, 2021
- 12:51
New benchmarks risk repeating LIBOR’s failings
IOSCO warns that alternative rates may not be suitable
- By: James Langton
- September 8, 2021 September 8, 2021
- 12:41
Regulators must face the rise of the machines
IOSCO sets guidance on overseeing AI use for investment firms, asset managers
- By: James Langton
- September 7, 2021 September 7, 2021
- 14:43
MFDA gets approval for client-focused reform rule amendments
The SRO has elected to maintain more prescriptive guidance around KYC reviews
- By: Katie Keir
- September 3, 2021 September 3, 2021
- 11:44
SEC charges multiple defendants over US$2B crypto scam
The action involves online crypto-lending platform BitConnect and related individuals
- By: IE Staff
- September 2, 2021 September 2, 2021
- 17:10
OSC reports higher surplus, progress on priorities
The regulator issued more administrative sanctions in 2020–21 than the previous year but monetary sanctions were way down
- By: Michelle Schriver
- September 2, 2021 September 2, 2021
- 14:44