FCA review finds shortcomings
A review of trading commission expenditures by U.K. investment managers reveals poor practices are still common in the industry
- By: James Langton
- March 3, 2017 February 15, 2019
- 11:30
Latest news in From the Regulators
SEC to research effectiveness of retail disclosure
Investor advocate to hold summit
- By: James Langton
- March 2, 2017 February 15, 2019
- 15:00
U.S. efforts to undo regulatory reforms likely to be limited: Russell
There is little appetite among global policymakers to back away from recent reforms
- By: James Langton
- March 2, 2017 February 15, 2019
- 11:00
CSA task force to tackle binary options
Website launched to raise awareness and protect Canadians from binary options scams
- By: James Langton
- March 2, 2017 February 15, 2019
- 10:45
Advocis encouraging advisors, clients to oppose commissions ban
The association is opposed to the idea of banning embedded commissions and is asking advisors and clients to contact their MPPs and make their voices…
- By: James Langton
- March 2, 2017 February 15, 2019
- 10:20
U.K. regulator reveals tactics investment fraudsters use to deceive
March is Fraud Prevention Month in Canada
- By: James Langton
- March 1, 2017 February 15, 2019
- 14:15
U.S. Labor Dept. delays implementation of fiduciary rule
Proposed extension to June 9 will give the U.S. government an opportunity to review the rule’s impact
- By: James Langton
- March 1, 2017 February 15, 2019
- 13:55
BCSC fines sisters almost $10 million for role in real estate fraud schemes
The schemes involved illegal distributions and multiple acts of fraud totalling close to $12 million as the sisters were personally enriched by more than $2…
- By: James Langton
- February 28, 2017 February 15, 2019
- 15:40
IIROC lays $80,000 fine, five-year ban on former advisor
Brian McCullough accepted a large monetary gift from an elderly client without telling his firm and didn’t inform the firm when he was later sued…
- By: James Langton
- February 28, 2017 February 15, 2019
- 11:25
Former regulators defend global reforms
The SRC outlines its view of the essential ingredients of a safe and sound financial system
- By: James Langton
- February 27, 2017 February 15, 2019
- 15:45
New BIS report explores impact of blockchain technology
DLT arrangements could help enhance market transparency and risk management, but there could be negative implications to consider
- By: James Langton
- February 27, 2017 February 15, 2019
- 12:50
FINRA’s bond trading data product for academics goes live
The historical trading data is intended to encourage academic research on bond markets
- By: James Langton
- February 27, 2017 February 26, 2019
- 12:30
CSA reports decline in enforcement activity in 2016
The rise of no-contest settlements in Ontario saw the total amount of money returned to investors almost triple to about $350 million from $111.7 million…
- By: James Langton
- February 27, 2017 February 15, 2019
- 11:30
OSFI extends key deadline
The regulator is following the lead many foreign regulators have taken to extend the deadline for firms to comply with certain new requirements
- By: James Langton
- February 24, 2017 February 15, 2019
- 17:10
No jury trials for securities offences: Supreme Court
All nine Supreme Court justices dismissed appeals from Ronald Aitkens and Jeremy Peers, who are both facing Securities Act charges in two unrelated cases
- By: IE Staff
- February 24, 2017 February 15, 2019
- 12:05
SEC issues guidance and notice on robo-advisors
The guidance aims to address the “unique issues” robo-advisors raise while the bulletin aims to alert investors to several issues they should consider
- By: James Langton
- February 23, 2017 February 15, 2019
- 16:35
BCSC receives funds in Dhanani case
$120,000 now available to investment scheme victims
- By: James Langton
- February 23, 2017 February 15, 2019
- 15:50
CSA launches regulatory sandbox
The project will allow firms to test novel products and services without full regulatory approval in a way that also provides investor protection
- By: James Langton
- February 23, 2017 February 15, 2019
- 12:00
Scotia Capital agrees to $175,000 settlement with IIROC
The settlement stems from allegations that the firm failed to properly supervise former portfolio manager Krishna Sammy
- By: James Langton
- February 22, 2017 February 15, 2019
- 16:30
MFDA sets out key compliance and policy priorities for year ahead
This year’s compliance exams will focus on suitability and KYC issues as well as the new cost and performance reporting requirements under CRM2
- By: James Langton
- February 22, 2017 February 15, 2019
- 13:36
IOSCO report identifies loan fund risks
Many jurisdictions consider their rules for investment funds sufficient to address loan funds
- By: James Langton
- February 22, 2017 February 15, 2019
- 12:00
OSC, FCA sign fintech agreement
Regulators in Ontario and the U.K. are aiming to ease the path for fintech firms to expand to each other’s markets
- By: James Langton
- February 22, 2017 February 15, 2019
- 10:55
Confront risks of financial technologies to reap benefits: FINTRAC director
Public oversight should avoid slowing progress in a fast-growing area that brings many benefits
- By: Andy Blatchford
- February 21, 2017 February 15, 2019
- 18:15
IIROC hearing panel bans, orders former advisor to pay $280,000
Jeremy Nicholas Drew Austin was taken to task for unsuitable investment recommendations and unauthorized trading
- By: Tessie Sanci
- February 21, 2017 February 15, 2019
- 16:45