Regulators approve MFDA’s proficiency requirements for selling ETFs
The proposed policy sets the minimum educational, training and experience necessary for reps to sell ETFs
- By: James Langton
- July 20, 2017 October 17, 2019
- 11:05
Latest news in From the Regulators
BCSC warns of firm claiming to be the new Vancouver Stock Exchange
The company, which goes by the name Vancouver Stock Exchange Corp., is not authorized to operate as an exchange, the regulator notes in an alert
- By: James Langton
- July 19, 2017 May 31, 2019
- 13:10
IIROC fines Scotia Capital over advisors’ risky trading strategy
Firm fined $200,000, pays $2.5 million in client compensation over new-issue strategy employed by two advisors in Nova Scotia
- By: James Langton
- July 19, 2017 May 31, 2019
- 12:35
Three former FX traders charged with conspiracy
The traders, along with unnamed co-conspirators, are alleged to have conspired to fix prices and rig bids for the euro–U.S. dollar currency pair
- By: James Langton
- July 18, 2017 May 31, 2019
- 10:35
FCA to study investment platforms in the U.K.
The study will look at platforms that distribute retail products and administer client assets as well as firms that provide retail investment products through an…
- By: James Langton
- July 17, 2017 May 31, 2019
- 14:05
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
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