European regulators to study impact of regulatory sandboxes
There are concerns that regulatory “sandboxes” could potentially lead to level playing field issues and forum shopping
- By: James Langton
- August 4, 2017 May 31, 2019
- 10:30
Latest news in From the Regulators
U.S. derivatives regulator names chairman
Christopher Giancarlo to head Commodity Futures Trading Commission
- By: James Langton
- August 4, 2017 May 31, 2019
- 08:55
Former mutual fund rep fined and banned permanently
Arash Gabriel Armani refused to co-operate with a regulatory investigation into his conduct
- By: James Langton
- August 3, 2017 May 31, 2019
- 15:50
Fed aims to reduce compliance burden on bank directors
U.S. regulator wants directors to focus on core responsibilities
- By: James Langton
- August 3, 2017 May 31, 2019
- 15:30
Real-time reporting by exchanges considered for T+2 transition
The CSA says most current trade processing practices will be adequate
- By: James Langton
- August 3, 2017 May 31, 2019
- 14:55
U.S. regulators sanction PwC
The firm was found to have violated the audit rules in connection with its audit of U.S. brokerage firm Merrill Lynch
- By: James Langton
- August 3, 2017 May 31, 2019
- 13:30
IIROC reaches settlement with three former All Group reps
James Alexander Moon, Michael Edward Comeau and Mitchell Torch admitted they failed to verify certain clients qualified as accredited investors
- By: James Langton
- August 3, 2017 May 31, 2019
- 11:15
OCC seeks input on revisions to Volcker Rule
A consensus has emerged that the Volcker Rule “needs clarification and recalibration to eliminate burden on banks that do not present systemic risks”
- By: James Langton
- August 2, 2017 May 31, 2019
- 12:50
SEC settles with Vancouver man for role in pump-and-dump scheme
Joe Yiu Cheung has agreed to pay almost US$800,000 and to be banned permanently from dealing with penny stocks
- By: James Langton
- August 2, 2017 May 31, 2019
- 10:55
Brokerage firms in the U.S. to have simplified single filing portal
FINRA and the SIPC reached an agreement that’s intended to reduce the compliance burden and costs for firms
- By: James Langton
- August 1, 2017 May 31, 2019
- 13:00
Ontario court rejects appeal
Two men convicted of securities law violations lose bid to appeal convictions and penalties
- By: James Langton
- August 1, 2017 May 31, 2019
- 11:15
New York boosts cybersecurity
State regulator launches online portal for financial firms to report possible breaches
- By: James Langton
- July 31, 2017 May 31, 2019
- 15:35
OSFI sets out new rules for pension plans’ use of derivatives
Changes to derivatives guideline aim to reflect current practices for the risk-management of derivatives activities
- By: James Langton
- July 31, 2017 May 31, 2019
- 15:00
CSA’s big education efforts targeted CRM2 and binary options scams
The provincial regulators placed significant efforts through video and other campaigns to make investors aware of these growing issues
- By: James Langton
- July 31, 2017 May 31, 2019
- 10:45
FCA’s CEO calls for transition away from LIBOR
The financial services sector should begin planning for a move to alternative interest rate benchmarks based on actual transactions
- By: James Langton
- July 28, 2017 May 31, 2019
- 14:25
Compliance Calendar 2017: Recent Updates
Regulators seek comment on capital rules for life insurers
- By: IE Staff
- July 28, 2017 May 31, 2019
- 13:35
SEC falling short in improving cybersecurity
Government watchdog says regulator’s failure to implement recommendations puts financial systems at risk
- By: James Langton
- July 28, 2017 May 31, 2019
- 12:00
Canada up to par in asset protection
While most countries have generally adopted client-asset protection regimes, progress varies
- By: James Langton
- July 27, 2017 May 31, 2019
- 14:55
Regulators put focus on conflicted transactions
New notice cites importance of establishing special committees of independent directors to protect the interests of minority shareholders
- By: James Langton
- July 27, 2017 May 31, 2019
- 14:45
U.S. regulators sanction four firms
Deutsche Bank, Citigroup, J.P. Morgan and Interactive Brokers have been cited for violating market access rules
- By: James Langton
- July 27, 2017 May 31, 2019
- 14:30
SEC awards tipster more than US$1.7 million
The corporate insider, who tipped off U.S. securities regulators to the alleged fraud, is the second whistleblower the SEC has awarded this week
- By: James Langton
- July 27, 2017 May 31, 2019
- 13:30
CSA’s new rules enhance custody requirements on EMDs
The rule amendments address risks that may arise when firms not regulated by IIROC or the MFDA are involved in the custody of client assets
- By: James Langton
- July 27, 2017 May 31, 2019
- 11:10
FINRA restructures enforcement division under Susan Schroeder
The new unit aims to consolidate the self-regulatory organization’s existing separate enforcement teams
- By: James Langton
- July 26, 2017 May 31, 2019
- 15:05
Proposed rule change targets advisors accessing client accounts
NASAA’s proposal aims to curtail the practice of advisors accessing client accounts through their clients' login information
- By: James Langton
- July 26, 2017 May 31, 2019
- 12:10