MFDA fines, permanently bans former rep for falsifying client initials
Rep’s refusal to cooperate with investigation was deemed an aggravating factor
- By: IE Staff
- April 15, 2019 November 13, 2019
- 09:44
Latest news in From the Regulators
TSX invites innovators to play in its sandbox
The sandbox is intended to be a testing ground for the development of new policy initiatives
- By: James Langton
- April 12, 2019 November 13, 2019
- 17:00
GE paying US$1.5 billion over subprime loans
The U.S. DoJ alleged GE misrepresented the quality of the loans
- By: James Langton
- April 12, 2019 November 13, 2019
- 14:55
Industry applauds Ontario’s pledge to regulate planner, advisor titles
It remains to be seen what credentials the titles would require
- By: James Langton
- April 12, 2019 November 13, 2019
- 11:46
Ontario seeks to regulate planner, advisor titles while boosting market confidence
Proposed framework would require planners and advisors to have an "appropriate credential"
- By: James Langton
- April 11, 2019 November 13, 2019
- 16:56
OSFI finalizes revisions to banks’ liquidity, funding rules
The revisions take effect Jan. 1, 2020
- By: James Langton
- April 11, 2019 November 13, 2019
- 16:16
IIAC calls for reforms to CTO regime
The association is concerned about discount brokers' ability to manage the process
- By: James Langton
- April 11, 2019 November 13, 2019
- 16:00
FINTRAC warns financial firms about romance scams
Alert includes guidance to help financial firms identify possible victims
- By: James Langton
- April 11, 2019 November 13, 2019
- 12:20
OSFI sets limits on banks’ large exposures
Guidance sets expectations for how big banks manage the risk of large exposures to other firms
- By: James Langton
- April 11, 2019 November 13, 2019
- 11:45
MFDA flags KYC issues, concentration risks among reps
The SRO issued a report Wednesday analyzing data from its client research project
- By: James Langton
- April 10, 2019 November 13, 2019
- 15:43
Nova Scotia joins CCMR
Still no planned launch date for the project, which was supposed to begin in 2015
- By: James Langton
- April 10, 2019 November 13, 2019
- 14:52
IIROC allows exemptions for credit union reps
Agreements allow reps to receive compensation from credit unions for securities-related activities
- By: James Langton
- April 10, 2019 November 13, 2019
- 11:11
FINTRAC signs agreement with B.C. real estate regulator
This is the first memorandum with a real estate body
- By: James Langton
- April 9, 2019 November 13, 2019
- 17:17
Standard Chartered pays US$1.1 billion for sanctions violations
The U.K.'s Financial Conduct Authority found shortcomings in the bank's anti-money laundering controls
- By: James Langton
- April 9, 2019 November 13, 2019
- 12:11
U.S. regulators seek reforms to foreign banks’ capital rules
Proposed framework would reduce banks' capital requirements by about 0.5%
- By: James Langton
- April 8, 2019 November 13, 2019
- 14:53
FSCO warns about unlicensed mortgage broker
The alert follows allegations of possible mortgage fraud
- By: James Langton
- April 5, 2019 November 13, 2019
- 17:11
Florida man gets jail time for insider trading
Rodolfo Sablon was part of a group that passed along insider tips from a former investment bank employee
- By: James Langton
- April 5, 2019 November 13, 2019
- 16:41
Banned B.C. man faces fraud charge
The man was initially banned by the BCSC in 2007 for several securities law violations
- By: James Langton
- April 5, 2019 November 13, 2019
- 14:40
FSB issues directory of crypto regulators
The directory summarizes the responsibilities of regulators and other authorities when it comes to crypto-asset issues
- By: James Langton
- April 5, 2019 November 13, 2019
- 11:30
Wading into cryptoassets
So far, securities regulators have been reluctant to sign off on regulated crypto-based ventures
- By: James Langton
- April 5, 2019 November 13, 2019
- 10:26
B.C. proposes new financial regulator
The regulator would replace the Financial Institutions Commission
- By: James Langton
- April 4, 2019 November 13, 2019
- 15:50
MFDA proposes allowing dealers to directly manage model portfolios
Proposal would allow fund dealers to engage in a limited form of discretionary trading
- By: James Langton
- April 4, 2019 November 13, 2019
- 15:02
B.C. court certifies class action in alleged Ponzi scheme case
Alleged scheme raised $30 million from investors between 2011 and 2015
- By: James Langton
- April 4, 2019 November 13, 2019
- 14:32
Australia aims to restore trust with new powers, duties
Lawmakers have introduced new obligations for financial firms and given the ASIC new powers
- By: James Langton
- April 4, 2019 November 13, 2019
- 11:56
BCSC bans man for seven years
While the misconduct was "extremely serious," the panel said, it didn't warrant a lifetime ban
- By: James Langton
- April 3, 2019 November 13, 2019
- 15:33