FCA slaps Barclays over poor treatment of struggling clients
The bank was fined £26 million and paid £273 million in redress to customers
- By: James Langton
- December 15, 2020 December 15, 2020
- 13:34
Latest news in From the Regulators
CRA provides new rules for claiming home office expenses
There's a temporary flat-rate method for up to $400, and a simplified "detailed" method with a new Form T2200S
- By: Rudy Mezzetta
- December 15, 2020 December 15, 2020
- 12:52
OSFI to consider special dividend requests
Too soon to relax curbs on regular dividends, but special distributions may fly
- By: James Langton
- December 15, 2020 December 15, 2020
- 09:32
Even auditors can get whistleblower awards once in a while
SEC makes exception from ban on payouts for compliance staff
- By: James Langton
- December 14, 2020 December 14, 2020
- 14:45
Fed to weigh further options for aiding U.S. economy in peril
Congress has yet to agree on another round of urgently needed financial aid
- By: Christopher Rugaber, The Associated Press
- December 14, 2020 December 14, 2020
- 13:02
Institutional, management failures enabled massive privacy breach at Desjardins: AMF
The firm failed to adopt recommendations from regulator, internal auditors
- By: James Langton
- December 14, 2020 December 14, 2020
- 11:57
FSRA names new CEO for troubled PACE
The Ontario regulator resumed oversight of the embattled credit union last month
- By: James Langton
- December 14, 2020 December 14, 2020
- 11:15
U.K. courts grapple with Covid-19 insurance claims
FCA consults on guidance for insurers and clients, as the U.K. Supreme Court considers policy interpretations
- By: James Langton
- December 11, 2020 December 11, 2020
- 15:18
Court restores IIROC disciplinary decision
A New Brunswick court has overturned a tribunal's finding that an IIROC proceeding was unfair
- By: James Langton
- December 11, 2020 December 11, 2020
- 14:42
Madoff victims get more money back
Latest payout brings investor recovery from massive Ponzi scheme to over 80%
- By: James Langton
- December 11, 2020 December 11, 2020
- 14:40
Fraudsman fails to evade BCSC disgorgement order
Nevada Supreme Court upholds lower court ruling, allowing BCSC to enforce hearing panel decision
- By: James Langton
- December 11, 2020 December 11, 2020
- 11:28
Avoiding insider trading on auto-pilot
CSA issues guidance on the use of issuers' ASDPs
- By: James Langton
- December 10, 2020 December 10, 2020
- 18:40
IIROC calls for crypto experts
SRO seeks volunteers with crypto experience for working group
- By: James Langton
- December 10, 2020 December 10, 2020
- 17:06
Exempt market sees surge in individual investor activity: OSC
The volume and value of exempt financings was steady in 2019, while investor participation rose
- By: James Langton
- December 10, 2020 December 10, 2020
- 14:41
FCA bans risky retail investments, warns tech firms
The regulator has banned the marketing of speculative, illiquid securities to retail investors
- By: James Langton
- December 10, 2020 December 10, 2020
- 14:36
CFTC head, SEC enforcement chief to depart
Top U.S. regulators are leaving their agencies in months ahead
- By: James Langton
- December 10, 2020 December 10, 2020
- 14:29
SEC invites competition in market data
New rules will expand the content of market data, allowing for competing data consolidators
- By: James Langton
- December 9, 2020 December 9, 2020
- 12:57
E-signatures get boost from pandemic
MFDA to continue accepting documents from dealers in electronic format
- By: James Langton
- December 8, 2020 December 8, 2020
- 14:56
Hedge fund took the cream for itself, SEC finds
Firm to return US$170 million to investors in SEC settlement
- By: James Langton
- December 8, 2020 December 8, 2020
- 12:03
Big banks to hold capital buffers at 1.0%
OSFI maintains current capital cushions as risks remain elevated but stable
- By: James Langton
- December 8, 2020 December 8, 2020
- 10:50
After less than a quarter, the SEC is poised to set a whistleblower record
With almost US$170 million in awards so far, the regulator is nearing a new yearly high
- By: James Langton
- December 7, 2020 December 7, 2020
- 15:17
OSC’s oversight of syndicated mortgages delayed
Handover for mortgage investments from FSRA to OSC knocked to July
- By: James Langton
- December 7, 2020 December 7, 2020
- 14:42
SEC launches innovation office
The fintech unit has been given a higher profile as a standalone office reporting to directly to the SEC's chair
- By: James Langton
- December 4, 2020 December 4, 2020
- 12:51
OSC suspends exempt-market dealer
Working capital deficiency and other compliance issues led to suspension
- By: James Langton
- December 4, 2020 December 4, 2020
- 12:45
SEC charges Cheesecake Factory over Covid-19 disclosures
The firm was bleeding cash while publicly claiming operations were sustainable
- By: James Langton
- December 4, 2020 December 4, 2020
- 10:55