The regulator alleges that the firm misled shareholders about the causes of the decline in mortgage originations, which were related to fraud among certain mortgage…
Virginia Tan admitted that she fraudulently raised at least $30 million from investors
However, the number of cases against firms declined
Competition Bureau invites public comment on 2017-18 priorities and objectives
James Harvey Cameron was found guilty of fraud and tax evasion for his role in an illegal RRSP scheme that diverted investors’ funds
Harold Backer had his case adjourned to May 2
Former Aston Hill Asset Management exec has been banned from trading for two years and will pay a total of $11,000 for his role in…
Financial crime investigators began looking into Harold Backer and the company My Financial Backer Corp. after his investors received concerning letters
Offshore diamond distribution company recruiting investors
Investia Financial Services Inc. terminated Harold Backer’s licence after his disappearance in 2015
The decision marks the first time an appellate court in Canada has revoked a voluntary settlement
Ads that play on consumers’ emotions may drive them to action without much thought, new FCA paper finds
The independent advisory group that represents investor interests at the OSC is calling for policy reform, enforcement action and a new best interest standard
A portfolio manager, various executives and an advisor are alleged to have traded on information that was subject to a non-disclosure agreement
Grant Thornton to administer distribution of frozen funds in Bossteam fraud case
Additional proposals include updates to rules on underwriting arrangements
The latest annual report from the OSC’s independent advisory group says the time has come to introduce a best interest standard and eliminate embedded commissions
Mark Steven Rotstein and his firm, Equilibrium Partners, admitted in OSC proceedings to trading without registration on behalf of clients
Consultation paper sets out proposed processes and analytical approaches for evaluating the effects of the reforms
FCA publishes proposed guidance on “streamlined” advice for clients
The brokerage firm admitted to violating the trading rules by failing to properly supervise a direct access client
The guidelines have also been revised to include sections relating to systemic supervisory failures, borrowing and lending arrangements and short interest reporting