Fed fines BNP Paribas US$246 million
French banking giant cited for “unsafe and unsound” practices in FX markets
- By: James Langton
- July 17, 2017 May 31, 2019
- 13:50
Latest news in From the Regulators
OSFI issues guidance on default investments for PRPPs
The guidance aims to provide firms with the regulator’s views on the basic design requirements for these retirement products
- By: James Langton
- July 17, 2017 May 31, 2019
- 10:50
IIROC seeks candidate for CDS board
Applications for the SRO's representative on CDS's board are due by Aug. 18
- By: James Langton
- July 14, 2017 May 31, 2019
- 14:35
OSFI proposes revisions to capital rules for life insurers
The proposed changes are due mostly to the planned introduction of the Life Insurance Capital Adequacy Test for life insurers in 2018
- By: James Langton
- July 14, 2017 May 31, 2019
- 11:00
OSC rules Sino-Forest defrauded investors
The fraudulent activity included overstating the company’s assets and revenue and violating securities laws, among other misdeeds
- By: James Langton
- July 14, 2017 May 31, 2019
- 09:15
FCA proposes new listings category for firms controlled by sovereign nations
The initiative would provide investor protections but existing restrictions on controlling shareholders and related parties would not apply to a sovereign shareholder
- By: James Langton
- July 13, 2017 May 31, 2019
- 15:35
ESMA guidance aims to maintain orderly markets during Brexit
Principles are aimed at consistency for firms leaving the U.K.
- By: James Langton
- July 13, 2017 May 31, 2019
- 14:50
CSA gets tough on registration applications
Regulars say false and misleading applications pose a serious problem
- By: James Langton
- July 13, 2017 May 31, 2019
- 11:30
Manulife dealers to repay clients $11.7 million as part of no-contest settlement
The dealers allegedly overcharged fee-based client accounts about $6 million and mutual fund accounts $5.7 million between 2005 and 2016
- By: James Langton
- July 13, 2017 May 31, 2019
- 10:40
IIROC to strengthen market surveillance with new technology
The upgraded version of Nasdaq’s SMARTS technology is capable of monitoring up to a billion transactions daily, in real time
- By: James Langton
- July 13, 2017 May 31, 2019
- 09:15
SEC alleges seniors bilked in large boiler room scheme
Illegal profits were traded through Canadian brokerages, the charges say
- By: James Langton
- July 12, 2017 May 31, 2019
- 16:10
FINRA issues guidance on new rules for bond market
The rules, which come into effect next May, aim to help retail investors monitor bond trading costs by bolstering price transparency
- By: James Langton
- July 12, 2017 May 31, 2019
- 13:20
U.S. boosts scrutiny of Treasury markets
FINRA requires reporting of secondary-market transactions in Treasury securities
- By: James Langton
- July 11, 2017 May 31, 2019
- 16:10
OSC compliance reviews continue to reveal deficiencies
The provincial regulator is likely to provide more guidance on mutual fund sales practice rule and seniors
- By: James Langton
- July 11, 2017 May 31, 2019
- 13:40
OSC to consider no-contest settlement with Manulife
Two Manulife dealer subsidiaries allegedly overcharged clients in fee-based accounts between 2005 and 2016
- By: James Langton
- July 11, 2017 May 31, 2019
- 09:50
ESMA publishes final standards for publishing trade repositories data
The standards are part of an overall effort to improve transparency and oversight in over-the-counter (OTC) derivatives markets
- By: James Langton
- July 10, 2017 May 31, 2019
- 15:00
MFDA sanctions TeamMax Investments for a variety of rule violations
The violations in question stemmed from the mutual fund dealer’s failure to implement adequate compliance systems
- By: James Langton
- July 10, 2017 May 31, 2019
- 11:15
IIROC reports fewer complaints
The self-regulatory organization has ordered almost $2.7 million in monetary sanctions so far this year
- By: James Langton
- July 7, 2017 May 31, 2019
- 13:09
FINRA warns about online job interview scams
Fraudsters may be phishing for personal information
- By: James Langton
- July 6, 2017 May 31, 2019
- 16:05
OSFI proposes changes to mortgage underwriting rules
The proposals are our for comment until Aug. 17
- By: James Langton
- July 6, 2017 May 31, 2019
- 12:30
IIROC expands corporate debt transparency
Corporate bond website now includes all corporate debt trades by all IIROC-regulated firms
- By: James Langton
- July 6, 2017 May 31, 2019
- 12:00
CSA withdraws best execution proposals
Rule changes by IIROC would make the CSA requirements redundant
- By: James Langton
- July 6, 2017 May 31, 2019
- 10:55
CSA delays CCP clearing for some firms
The temporary exemption does not affect firms that are already subject to the mandatory clearing requirements
- By: James Langton
- July 6, 2017 May 31, 2019
- 09:45
Reports aim to strengthen resilience of CCPs
Global policymakers issue several sets of new guidance
- By: James Langton
- July 5, 2017 May 31, 2019
- 11:30