Finance reviews complaint-handling system of banks
Consultation follows a report that exposed deficiencies with the current system
- By: James Langton
- July 16, 2021 July 16, 2021
- 12:52
Latest news in From the Regulators
SPACs pose added risks to investors, ESMA warns
Shell company deals can be complex and risky, regulators say
- By: James Langton
- July 15, 2021 July 15, 2021
- 15:07
Offshore firms pay $4 million for unregistered CFD trading
An OSC hearing panel approves a settlement and says the sanctions represent a deterrent
- By: James Langton
- July 15, 2021 July 15, 2021
- 13:10
OSC warns firms about recent phishing attacks
Industry firms have been targeted with campaigns impersonating regulators
- By: James Langton
- July 15, 2021 July 15, 2021
- 12:50
Industry recruited in the fight against senior abuse
New rules will enable firms to use temporary holds, seek trusted contacts to help protect vulnerable investors
- By: James Langton
- July 15, 2021 July 15, 2021
- 12:32
Covid-19 gave kickstart to cyber attacks
Remote working, increased dependence on technology and economic disruption have created a perfect storm for cyber criminals
- By: James Langton
- July 14, 2021 July 14, 2021
- 16:48
FSRA to leave limits on life sector incentives
Amid concerns about consumer harm, the regulator has backed away from a plan to allow incentives
- By: James Langton
- July 14, 2021 July 14, 2021
- 16:35
Paying cash for enforcement tips is a success: OSC
The regulator's whistleblower program has generated hundreds of tips and paid out millions in rewards
- By: James Langton
- July 14, 2021 July 14, 2021
- 14:23
Regulators plead for more clarity on crypto rules
A pair of SEC commissioners criticized the lack of guidance regarding the regulator's approach to digital assets
- By: James Langton
- July 14, 2021 July 14, 2021
- 13:49
SEC sanctions players in SPAC deal
The regulator alleged that investors were misled by a shell company and its acquisition target
- By: James Langton
- July 13, 2021 July 13, 2021
- 17:36
Pension giant settles with SEC, New York AG
The firm pushed advisors to recommend higher-cost managed accounts to clients
- By: James Langton
- July 13, 2021 July 14, 2021
- 15:20
Pandemic exposed cracks in global financial system
Further reforms may be needed to address vulnerabilities revealed under extreme market stress
- By: James Langton
- July 13, 2021 July 13, 2021
- 13:41
There’s still no such thing as a free lunch, regulators warn
Zero-commission trading isn't free, it comes with hidden costs, ESMA says
- By: James Langton
- July 13, 2021 July 13, 2021
- 13:16
Rep sanctioned over needless DSC sale
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation
- By: James Langton
- July 12, 2021 July 12, 2021
- 17:23
Ex-Bridging Finance CEO seeks to upend OSC investigation
David Sharpe alleges the regulator improperly disclosed evidence obtained in compelled testimony
- By: James Langton
- July 9, 2021 December 23, 2021
- 17:50
B.C. to launch single regulator for financial sector on Aug. 1
Real estate regulators to be rolled into BCFSA
- By: James Langton
- July 9, 2021 July 9, 2021
- 16:26
TheBull sold inside info on the dark web, U.S. authorities allege
Man charged for allegedly selling brokerage data, unreleased earnings info in shadowy online markets
- By: James Langton
- July 9, 2021 July 9, 2021
- 16:16
Trio traded ahead of a company’s pivot to blockchain, SEC alleges
The regulator says insider trading was conducted before Long Island Iced Tea Co.'s conversion to a crypto company
- By: James Langton
- July 9, 2021 July 9, 2021
- 14:49
FINRA seeks insight on brokers’ crypto dealings
Firms are being asked to keep the SRO informed of plans involving digital assets
- By: James Langton
- July 9, 2021 July 9, 2021
- 13:31
Cooperation needed for cross-border CBDCs
Central bank crypto offers a fresh start on designing efficient payments systems
- By: James Langton
- July 9, 2021 July 9, 2021
- 13:31
OSC levels fraud charges against pot company CEO
The regulator alleges investor funds were diverted for personal use
- By: James Langton
- July 9, 2021 July 9, 2021
- 13:12
Proposed investor settlement reached in PACE case
The proposed $40-million deal requires approval at a July 30 court hearing
- By: James Langton
- July 9, 2021 July 9, 2021
- 09:02
Crypto fraudsman gets U.S. jail time
Online scheme took over US$16 million from investors in 45 countries
- By: James Langton
- July 8, 2021 July 8, 2021
- 17:28
OSC settles with offshore CFD platform
After a warning from regulators in Australia, the platform allegedly shifted investors to its Cayman Islands affiliate
- By: James Langton
- July 8, 2021 July 8, 2021
- 14:57
IIROC fines former advisor $150K for excessive trading, client borrowing
Misguided faith in tactical trading strategy led to the violations
- By: James Langton
- July 8, 2021 July 8, 2021
- 14:44