All nine Supreme Court justices dismissed appeals from Ronald Aitkens and Jeremy Peers, who are both facing Securities Act charges in two unrelated cases
The guidance aims to address the “unique issues” robo-advisors raise while the bulletin aims to alert investors to several issues they should consider
$120,000 now available to investment scheme victims
The project will allow firms to test novel products and services without full regulatory approval in a way that also provides investor protection
The settlement stems from allegations that the firm failed to properly supervise former portfolio manager Krishna Sammy
This year’s compliance exams will focus on suitability and KYC issues as well as the new cost and performance reporting requirements under CRM2
Many jurisdictions consider their rules for investment funds sufficient to address loan funds
Regulators in Ontario and the U.K. are aiming to ease the path for fintech firms to expand to each other’s markets
Public oversight should avoid slowing progress in a fast-growing area that brings many benefits
Jeremy Nicholas Drew Austin was taken to task for unsuitable investment recommendations and unauthorized trading
Weaknesses among firms leave the financial sector vulnerable to abuse by financial criminals
An agreement between U.S. state and federal securities regulators intends to ensure crowdfunding exemptions are enabling access to capital
The group will soon create an industry advisory group to gain insights on regulatory issues and get feedback on rule proposals and guidance
Neil Andrew McDonald of Calgary has been charged with various alleged breaches of the Criminal Code
Richard Lian and Enna Keller raised US$3.2 million from investors by selling securities in a company subject to a cease-trade order
The U.K. regulator will be looking at a host of issues as well as potential enhancements to ensure markets meet the needs of issuers and…
ESMA is concerned that brokerage firms are creating networks to avoid the obligation that internal matching systems be authorized as trading venues
The firm also admits to wrongdoing related to compliance failures surrounding the sale of risky inverse ETFs to retail clients
The regulator also plans to review derivatives markets, climate change disclosure, energy sector regulation and fintech in the next three years
Dealers should maintain an updated list of advisors who work from home, which a department of the SRO could use as it plans compliance exams
The proposal would replace the CSA’s existing system for investigating possible market misconduct cases utilizing T+1 trading data
Some individuals are being sent letters and cheques citing payment for a mystery shopper assignment for the Insurance Institute of Canada
The measures will mean cost savings for dealers and relief for investors in the province
The notice is part of regulators’ ongoing efforts at enhancing regulation of over-the-counter derivatives markets
The rise of fintech is pushing regulators to keep pace with technological innovation, but regulators are also assessing the emerging risks associated with fintech: IOSCO…