Manitoba investors lured into binary options fraud
The offshore firm involved in the scam used images of a Canadian celebrity to draw victims in
- By: James Langton
- July 26, 2017 May 31, 2019
- 11:45
Latest news in From the Regulators
Digital asset offerings are subject to securities laws: SEC
The regulator has advised that it considers offers of digital assets utilizing blockchain technology as securities
- By: James Langton
- July 26, 2017 May 31, 2019
- 08:25
U.S. whistleblower awarded US$2.5 million
Tips, plus documents and testimony, led to the award
- By: James Langton
- July 25, 2017 May 31, 2019
- 14:10
U.S. derivatives regulator approves digital currency firm
LedgerX registered as derivatives clearing organization
- By: James Langton
- July 25, 2017 May 31, 2019
- 12:55
OSC to post tribunal decisions on CanLII
This approach aims to further enhance the regulator's accessibility and transparency
- By: James Langton
- July 24, 2017 May 31, 2019
- 10:30
OSFI seeks comment on proposed new rules for insurers
New draft rules issued on Friday set out public disclosure requirements under the new risk-sensitive capital rules for life insurers
- By: James Langton
- July 21, 2017 May 31, 2019
- 15:15
AMF to examine incentives structures in the insurance sector
The regulator’s paper follows a 2015 survey highlighting several concerns, including the management of conflicts connected with remuneration
- By: James Langton
- July 21, 2017 May 31, 2019
- 14:30
IIROC finds former First Leaside CFO violated securities rules
Although a hearing panel found Michael Sutton had no intent to violate the rules, it ruled that he failed to ensure proprietary funds were priced…
- By: James Langton
- July 21, 2017 May 31, 2019
- 11:10
OSFI delays deadline for bank reforms
Canadian banks will have until 2021 to implement new capital requirements for market risk
- By: James Langton
- July 20, 2017 May 31, 2019
- 14:20
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
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