The SRO is seeking to suspend introducing broker, which became capital deficient on Jan. 3 and subsequently sold its business to Hampton Financial
Large asset managers are better positioned to absorb the added compliance costs, a new report from Moody’s finds
This is the second time that the SRO has extended the comment period on proposed new guidance regarding discount brokers
The SRO is launching a second round of consultations on the actual rules that would impact mutual fund dealer reps
Five of Canada’s provincial securities commissions issued a notice on Thursday warning that some issuers may be abusing shareholders in the way they’re structuring exempt-rights…
The recommendations are designed to increase transparency in liquidity mismatch and focus on measuring and monitoring leverage in investment funds
Regulators are concerned that a product that’s restricted, or banned, for investment firms could still be distributed directly by fund managers
The regulator, which published its list of priorities for 2018, will also examine wrap programs and the possible exploitation of senior investors
Jason Perry Boldt borrowed more than $1 million for clients for an unauthorized outside business activity about which he did not inform his firm
There are three new members on the OSC’s key securities advisory committee for the 2017-20 term
Dan Richards, CEO, Client Insights and Lynn McGrade, partner at Borden Ladner Gervais LLP, discuss how advisors and investors may benefit from the Canadian Securities…
Vernon Smith, who was sentenced to 15 months in jail last year, will make his first court appearance on Feb. 3 to address the latest…
An alert stresses the importance for investors to understand the full impact of brokerage fees on their investment accounts
Here are the biggest risks that your clients need to consider in the year ahead, according to the ASC
The SRO has granted exemptions to 24 firms for which the annual cost and performance reporting requirements are redundant or unnecessary
Although regulators have yet to make a decision on the matter, they’re formally considering whether to mandate a “direct pay” structure
The advisor was also fined $15,000 for showing remorse for his actions by entering into the settlement agreement and immediately paying off the fine and…
The defunct investment dealer has been expelled from IIROC membership
Regulatory deadlines and updates for financial professionals. New this update: proficiency issues; robo-advisors and much more.
Hearing scheduled for January
Licensing standards and continuing education to be studied
The aim is to avoid conflicts of interest when selecting reps to attend conferences
Products that can’t be transferred to a new fund dealer should be specifically disclosed to clients at the point of sale
The review to assess operational practices began in November