U.S. hedge fund exec gets jail time in US$100 million mismarking scheme
The former CEO was given a 50-month sentence after inflating funds' net asset value
- By: James Langton
- November 27, 2019 November 27, 2019
- 10:39
Latest news in From the Regulators
Bank regulators target specific risks with capital tool
Sectoral buffer could be used to address a bank's exposure to specific risks
- By: James Langton
- November 27, 2019 November 27, 2019
- 10:38
Court finds ex-advisor liable for client’s loss
The client invested $2 million in the former advisor's business, which failed
- By: James Langton
- November 26, 2019 November 26, 2019
- 15:09
CFTC steps up its enforcement efforts in 2019
Fines, restitution and disgorgement awards were up 39% from the previous year
- By: James Langton
- November 26, 2019 November 26, 2019
- 12:27
FCA bans sale of risky, complex vehicles to retail investors
Effective Jan. 1, "mini-bonds" cannot be marketed to retail investors in the U.K.
- By: James Langton
- November 26, 2019 November 26, 2019
- 11:47
Citi hit with record U.K. fine for regulatory reporting failures
The banking giant resolved the case for £43.9 million
- By: James Langton
- November 26, 2019 November 26, 2019
- 11:15
CFTC exempts family offices in split vote
Dissenting commissioner says it's "absurd that the commission is excusing billionaires from the notice-filing requirement"
- By: James Langton
- November 25, 2019 November 25, 2019
- 14:57
IIROC steps up AML guidance
The new guidance, which takes effect in June, will reflect recent changes to AML obligations
- By: James Langton
- November 25, 2019 November 25, 2019
- 10:46
Conduct rules for derivatives dealers coming soon, OSC says
The director of the OSC's derivatives branch says the "work is almost done"
- By: James Langton
- November 22, 2019 November 22, 2019
- 17:12
New Brunswick aims to boost SRO powers
The province will be the fifth to give IIROC a full enforcement toolkit
- By: James Langton
- November 22, 2019 November 22, 2019
- 14:29
U.K. broker pleads guilty to conspiring to evade FATCA
The broker also facilitated manipulative trading in a U.S. company, authorities said
- By: James Langton
- November 22, 2019 November 22, 2019
- 12:39
FINTRAC to allow virtual currency dealers to register
Registration is voluntary ahead of mandatory requirements taking effect
- By: James Langton
- November 22, 2019 November 22, 2019
- 11:57
Court grants leave to appeal BCSC ruling in pump-and-dump case
Question raised about whether BCSC had jurisdiction
- By: James Langton
- November 22, 2019 November 22, 2019
- 11:37
OSC decision on DSCs to come — eventually
A revised policy stance is in the works
- By: James Langton
- November 22, 2019 November 22, 2019
- 10:09
TD added to the list of global systemically important banks
RBC is the only other Canadian bank on the list
- By: James Langton
- November 22, 2019 November 22, 2019
- 09:38
B.C. Securities Commission says crypto trader leaves millions owing
Einstein Group has less than $45,000 in cash and cryptocurrency, a receiver's report found
- By: The Canadian Press
- November 21, 2019 November 21, 2019
- 15:58
Managing conflicts when making investment recommendations
A regulatory panel breaks down a case study
- By: Michelle Schriver
- November 21, 2019 November 21, 2019
- 14:02
FCA sanctions firm for closet indexing
Retail investors allegedly paid fees for active management they did not receive
- By: James Langton
- November 20, 2019 November 20, 2019
- 12:45
Defending retail investors drove SEC enforcement in 2019
SEC also enjoyed a record level of co-operation in its enforcement efforts
- By: James Langton
- November 20, 2019 November 20, 2019
- 12:27
Hedge fund trader sentenced in mismarking case
A 40-month prison sentence "underscores the seriousness" of the crimes, lawyer says
- By: James Langton
- November 19, 2019 November 19, 2019
- 16:23
Open banking could be transformational, but poses risks
A new report warns of data privacy and cybersecurity concerns
- By: James Langton
- November 19, 2019 November 19, 2019
- 13:39
OSC roots out millions in compliance cost savings
New report sets out 107 recommendations aimed at easing the regulatory burden
- By: James Langton
- November 19, 2019 November 19, 2019
- 13:36
ASC sanctions advisor who served clients with a suspended registration
The advisor had been in the industry for 30 years
- By: James Langton
- November 19, 2019 November 19, 2019
- 13:29
OBSI-IIROC info sharing worries IIAC
The relationship with IIROC may change how firms approach OBSI inquiries, a letter says
- By: James Langton
- November 15, 2019 November 15, 2019
- 15:31
Whistleblowers share US$260,000 award
Three victims of fraud notified SEC of scheme targeting retail investors
- By: James Langton
- November 15, 2019 November 15, 2019
- 13:52