CSA extends issuer regulatory burden consultation
Deadline pushed back until July 28
- By: James Langton
- June 22, 2017 April 16, 2019
- 11:30
Latest news in From the Regulators
CRA commits to improving tax objections process
The federal government has accepted nine recommendations included in a report from last autumn aimed at speeding up the process of resolving objections
- By: Rudy Mezzetta
- June 22, 2017 April 16, 2019
- 10:40
MFDA fines DFSS $200,000 for failure to supervise rep
Desjardins Financial Security Services admitted to the supervisory lapses involving former rep Conrad Eagan
- By: James Langton
- June 22, 2017 April 16, 2019
- 09:50
Vancouver man arrested for breaching BCSC order
Won Sang Shen Cho is permanently banned from trading and purchasing securities
- By: James Langton
- June 21, 2017 April 16, 2019
- 14:30
New Zealand regulator proposes exemption to law to allow robo-advisors
The country’s current securities laws, which were passed before the advent of robo-advisors, require that only a “natural person” can give advice
- By: James Langton
- June 21, 2017 April 16, 2019
- 11:55
FSB consults on compensation tools to address misconduct
Draft guidance aims to help firms use clawbacks and other tools to deter misconduct in the financial industry
- By: James Langton
- June 20, 2017 April 16, 2019
- 16:10
OSC launches revamped investor education website
GetSmarterAboutMoney.ca now designed for visitors using mobile devices and tablets
- By: IE Staff
- June 20, 2017 April 16, 2019
- 11:00
IOSCO issues report on order routing incentives
Various jurisdictions are undertaking reforms
- By: James Langton
- June 19, 2017 April 16, 2019
- 16:10
Big changes to OSC’s independent Investor Advisory Panel
The IAP’s seven new members are Neil Gross, Malcolm Heins, Paul Bates, Jacqueline Allen, Larry Bates, Patti Best and Harvey Naglie
- By: James Langton
- June 19, 2017 April 16, 2019
- 14:30
MSC reduces penalties IIROC levied against Winnipeg advisor
Thanks to new evidence, Ravindra Kumar Suppal’s fine was reduced to $50,000 from $150,000 and his suspension was reversed
- By: James Langton
- June 19, 2017 April 16, 2019
- 13:10
OSC seeks members for SMEs committee
Applications are due by June 30
- By: James Langton
- June 19, 2017 April 16, 2019
- 11:00
MFDA bans former advisor for engaging in undisclosed business activity
The former rep reached a settlement with the regulator, admitting to violating several investment industry rules
- By: James Langton
- June 19, 2017 April 16, 2019
- 10:35
OSC to hold roundtable on embedded commissions
Ontario’s main regulator will host a public hearing on the long-running debate over a possible regulatory ban on embedded commissions
- By: James Langton
- June 19, 2017 April 16, 2019
- 10:00
Finance Canada issues proposed rules for large banks’ “bail-in” regime
The bank recapitalization regime would allow authorities to recapitalize a failing bank by converting some of its debt into common shares
- By: James Langton
- June 16, 2017 March 1, 2019
- 15:00
CRA real estate audits lead to more than $17 million in penalties
The federal tax agency completed more than 21,000 files related to real estate that resulted in more than $329.4 million in unreported assessed income
- By: Rudy Mezzetta
- June 16, 2017 March 1, 2019
- 14:40
OSC bans Garth Drabinsky permanently from capital markets
The decision brings regulatory proceedings that began against the former theatre impresario and a couple of his associates in 2001 to a close
- By: James Langton
- June 16, 2017 March 1, 2019
- 14:10
FCA issues update on regulatory sandbox
The U.K. regulator received 77 applications for the second phase of the sandbox from firms seeking to test innovative products and services
- By: James Langton
- June 15, 2017 March 1, 2019
- 14:35
IIROC campaign raises issues related to advisor retirement
The regulator released a video providing advice for senior investors on what to consider when their existing advisor retires
- By: James Langton
- June 15, 2017 March 1, 2019
- 12:50
OSFI invites comment on revisions to P&C capital framework
The revised guideline is out for comment until Aug. 4
- By: James Langton
- June 15, 2017 March 1, 2019
- 11:50
NASAA study shows how brokerages can help to guard seniors from harm
U.S. broker-dealers reported nearly 2,300 cases of suspected senior-related fraud or exploitation to authorities in 2015
- By: James Langton
- June 15, 2017 March 1, 2019
- 11:30
Ontario’s exempt market continued to see healthy growth in 2016
A new report from the OSC finds that exempt-market issuance rose by 9% to a total of $72 billion in 2016 following a 40% gain…
- By: James Langton
- June 15, 2017 March 1, 2019
- 10:05
Home Capital to pay $29.5 million to settle OSC and class-action matters
Some former company executives will pay administrative penalties and be barred from acting as a director or officer of a public company
- By: The Canadian Press
- June 14, 2017 March 1, 2019
- 19:10
FINRA launches fintech outreach initiative
The U.S. SRO seeks to establish an ongoing dialogue on innovation and its possible impact on the financial industry
- By: James Langton
- June 13, 2017 March 1, 2019
- 11:30
Court rules post-secondary student’s status depends on institution’s classification
Even if a student has spent 30 or more hours a week engaged in studying, that’s not enough to categorize the student as being full-time
- By: Patricia Chisholm
- June 13, 2017 March 1, 2019
- 10:30
IOSCO report helps regulators combat wholesale market misconduct
Tools aim to help IOSCO members address these risks in their own markets
- By: James Langton
- June 13, 2017 March 1, 2019
- 10:10