CSA harmonizing crowdfunding exemption for startups
Securities regulators are developing a new, national exemption that would mimic an exemption introduced by several provinces
- By: James Langton
- February 21, 2019 November 13, 2019
- 15:15
Latest news in From the Regulators
Trader fined $620,000 for improper trading
The former head trader allocated new issues acquired for retail clients to his employer's trading accounts or his own personal trading accounts
- By: James Langton
- February 21, 2019 November 13, 2019
- 15:00
Former advisor sees sanctions doubled
Penalties added for unauthorized outside business activity
- By: James Langton
- February 21, 2019 November 13, 2019
- 14:00
Former Alberta planner fined, banned for illegal distribution scheme
Former fund rep admitted to advising without registration and misleading investors
- By: James Langton
- February 20, 2019 November 13, 2019
- 13:25
Fund dealers face new phishing fraud
Suspicious email are not legitimate, the MFDA warns, and dealers should not open the attachments or click on any links
- By: James Langton
- February 20, 2019 November 13, 2019
- 11:00
SEC proposes easing IPO rules
Proposal would give all issuers the ability to test market interest in an IPO before filing
- By: James Langton
- February 19, 2019 November 13, 2019
- 15:55
MX outlines compliance priorities
Some firms are failing to ensure annual testing for automated order systems used by direct electronic access clients
- By: James Langton
- February 19, 2019 November 13, 2019
- 15:50
IIROC allows full-service reps to tout firm’s discount brokerage
SRO satisfied firm will put in place appropriate disclosure, policies, procedures and controls
- By: James Langton
- February 19, 2019 November 13, 2019
- 14:30
B.C. court orders regulators to turn over documents to banned rep
Former rep failed to cooperate with an IIROC investigation because of fairness concerns
- By: James Langton
- February 15, 2019 November 13, 2019
- 17:34
New bill will give greater penalty powers to ASIC
Australian regulator gets enhanced enforcement capabilities
- By: James Langton
- February 15, 2019 November 13, 2019
- 11:00
Regulators reach agreement on cross-border enforcement
Ruling to enable sharing of data is first of its kind
- By: James Langton
- February 15, 2019 November 13, 2019
- 09:46
Tech giants are a bigger threat than fintechs, FSB warns
BigTech firms could achieve scale very quickly in financial services, says a new report
- By: James Langton
- February 14, 2019 November 13, 2019
- 16:50
Court upholds former rep’s fraud conviction, hikes fine
Trial court found in 2016 that Roger Schoer defrauded several friends and clients of more than $400,000
- By: James Langton
- February 14, 2019 November 13, 2019
- 14:56
FINRA bolsters its cybersecurity guidance
A new report is part of an effort to strengthen cybersecurity at brokerages, particularly small dealers
- By: James Langton
- February 13, 2019 November 13, 2019
- 13:42
U.S. state AGs oppose “regulatory sandbox”
21 attorneys general want the CFPB to drop proposals
- By: James Langton
- February 13, 2019 November 13, 2019
- 10:36
FSB scanning for new threats
International group cites shadow banking, rapid industry innovation and cybersecurity breaches as potential risks
- By: James Langton
- February 12, 2019 November 13, 2019
- 13:53
Former fund rep fined, banned for fleecing widow
"The respondent took advantage of her. The facts are shocking," an MFDA panel said
- By: James Langton
- February 12, 2019 November 13, 2019
- 11:24
IOSCO review finds gaps in trading oversight, mostly in emerging markets
Report looks at 40 jurisdictions
- By: James Langton
- February 12, 2019 November 13, 2019
- 10:01
Reducing the burden, but fairly
Can policy-makers lighten regulation and still protect investors?
- By: James Langton
- February 12, 2019 November 13, 2019
- 00:21
Fund rep fined, banned for involving clients in his side hustle
The MFDA alleged the rep launched a coffee business with a client and solicited investments in the business from several others
- By: James Langton
- February 11, 2019 November 13, 2019
- 11:50
OSFI examines banks’ funding risks
Regulator introduces new disclosure requirements for banks that have been deemed systemically important to Canada's financial system
- By: James Langton
- February 11, 2019 November 13, 2019
- 11:35
OSFI seeks to toughen liquidity rules
Changes are out for comment until March 15
- By: James Langton
- February 8, 2019 November 13, 2019
- 12:33
FINTRAC releases AML compliance tools
Includes methodology for calculating penalties
- By: James Langton
- February 8, 2019 November 13, 2019
- 08:51
MFDA warns dealers about KYC failings
Compliance exams uncover an inappropriate one-size-fits-all approach
- By: James Langton
- February 7, 2019 November 13, 2019
- 13:57