Pandemic prompts cross-border payment concerns
BIS reports cross-border payments rise, as correspondent banks dwindle
- By: James Langton
- August 31, 2020 August 31, 2020
- 14:45
Latest news in From the Regulators
SEC rewards whistleblower
Tip led to enforcement action that saved millions for investors
- By: James Langton
- August 31, 2020 August 31, 2020
- 14:05
OSFI lifts freeze on DB pension plan transfers
Transfers delayed due to freeze must now be processed, with interest
- By: Rudy Mezzetta
- August 31, 2020 August 31, 2020
- 11:47
SRO merger could save industry up to half a billion dollars: Deloitte
New report explores the costs and benefits of an IIROC/MFDA merger
- By: Fiona Collie
- August 25, 2020 August 26, 2020
- 13:59
TD reaches U.S. settlement over alleged overdraft practices
The bank reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau
- By: The Canadian Press
- August 21, 2020 August 21, 2020
- 14:01
NASAA task force cracking down on Covid-related fraud
The umbrella group for North American securities regulators has identified 244 scams
- By: IE Staff
- August 21, 2020 August 21, 2020
- 13:15
CSA publishes new rules related to business acquisition reports
The amendments are aimed at reducing regulatory burden without comprising investor protection
- By: IE Staff
- August 20, 2020 August 20, 2020
- 13:40
Scotiabank to pay US$127.4M to settle spoofing and manipulation case
Between 2008 and 2016, the bank's traders manipulated prices, the CFTC says
- By: The Canadian Press
- August 19, 2020 August 19, 2020
- 14:49
MFDA fines firm $100K for supervisory failures
The inadequate supervision involved suitability, concentration in sector funds
- By: Michelle Schriver
- August 18, 2020 August 18, 2020
- 12:05
SIFMA sues SEC over Covid-19 relief measure
Trade group claims exemption is unfair to brokers, investors
- By: James Langton
- August 14, 2020 August 14, 2020
- 16:38
Police bust alleged Ponzi scheme
Project Cosmo uncovered multi-million fraud targeting Toronto's Filipino community
- By: James Langton
- August 14, 2020 August 14, 2020
- 14:35
FINRA flags fake website
SRO warns firms about phishing, malware risk
- By: James Langton
- August 13, 2020 August 13, 2020
- 12:39
FSRA sets proposed standards for planners, advisors
Regulator proposes minimum competency requirements for advisor, planner titles
- By: James Langton
- August 13, 2020 August 13, 2020
- 12:19
OSC sets conditions on fund manager
Regulator seeks to address concerns about client over-concentration
- By: James Langton
- August 11, 2020 August 11, 2020
- 15:03
Regulators must adapt to new liquidity drivers: IOSCO
New approaches to attracting liquidity need oversight too
- By: James Langton
- August 11, 2020 August 11, 2020
- 13:35
IIROC provides funding for investor legal aid
The SRO will offer five years of funding to the Osgoode Investor Protection Clinic
- By: James Langton
- August 11, 2020 August 11, 2020
- 11:37
Court appoints counsel for investors in PACE Securities wind-up
PACE Credit Union will propose a settlement for investors
- By: James Langton
- August 10, 2020 August 10, 2020
- 17:29
AMF seeks volunteers for advisory group on distribution
Two openings on distribution issues committee
- By: James Langton
- August 10, 2020 August 10, 2020
- 14:06
BIS names finalists in regtech hackathon
Competition received 128 entries, pared to 20 for final judging
- By: James Langton
- August 10, 2020 August 10, 2020
- 13:57
Fast-forward DSC ban, investor advocate urges
Kenmar calls on CSA to adopt DSC ban next March
- By: James Langton
- August 10, 2020 August 10, 2020
- 12:01
U.S. broker fined by SEC, CFTC and FINRA
Supervisory lapses allowed shady trading to go unchecked
- By: James Langton
- August 10, 2020 August 10, 2020
- 11:44
AMF seeks investment products expertise
The regulator calls for industry volunteers to join advisory group
- By: James Langton
- August 7, 2020 August 7, 2020
- 15:43
CSA allows Wealthsimple to test crypto platform
Firm gets go ahead to test regulated crypto trading in CSA sandbox
- By: James Langton
- August 7, 2020 August 7, 2020
- 13:15
IIROC sets virtual AGMs, provides hardship exemptions
IIROC to hold AGM via video conference in September
- By: James Langton
- August 7, 2020 August 7, 2020
- 11:39
Pandemic turns banks into preppers
Regulators' proposals aim to ensure banks can endure severe negative events
- By: James Langton
- August 6, 2020 August 6, 2020
- 14:39