The firm failed to report to the MFDA suspected prohibited trading activities of one advisor and inadequately supervised the investment recommendations of another advisor
The FCA is considering making certain terms of professional indemnity insurance mandatory and updating limits on consumer coverage
The firms face the prospect of regulatory sanctions for allegedly overcharging some retail clients
The self-regulatory organization will be seeking volunteers to take part in the test, which will coincide with a similar exercise in the U.S.
The revised rules include measures designed to curb risks in the housing market
The whistleblower will receive more than US$900,000, meaning the SEC has awarded a total of 37 whistleblowers more than US$136 thus far
Jeffrey Edward Gebert borrowed more than $500,000 from his wife’s 93-year-old grandfather, also his client, without disclosing the arrangement
The regulator has found it difficult for investors to compare crowdfunding platforms with each other and with other asset classes
The final reports issued on Friday reviewed the implementation of the new bank capital standards in Japan, Indonesia and Singapore
Andrew Ceresney’s departure is the latest among many, following chairwoman Mary Jo White and several other senior executives
The methodology estimates a fee, or a fee range, for each marketplace based on its contribution to price discovery and trading activity
Firms had said the existing approach is too prescriptive and outdated and it should be altered to accommodate changes in current market structure
Alberta’s new nine-person Joint Serious Offences Team is modelled on the Ontario Securities Commission’s JSOT and focus on serious frauds
The deal is designed to promote cross-border fintech innovation as well as the sharing of knowledge
The regulatory roundtable discussion revealed the deep divisions within the investment industry concerning the prospect of the CSA introducing this standard
Although the Ontario court dismissed the appeals of a securities lawyer and three brokers, it found that the OSC hearing panel’s reasoning was flawed in…
The proposals aim to improve standards across the sector and ensure consumers are appropriately protected
Financial regulators in the U.K. report that almost a third of seniors aged 75 and over believe they’ve been the targets of investment scams
The U.S. regulator has now distributed approximately US$135 million to 36 whistleblowers since issuing its first award in 2012
The proposed rules generally permit approaches based upon existing U.S. bank regulators’ capital requirements.
Fintech firms that are granted these charters from the OCC would have to adhere to standards of safety and soundness as well as fair access
The SRO’s members also approved proposed changes to its rules regarding trading authority and powers of attorney at its AGM
The RAC provides the regulator with feedback on policy from an investment industry perspective
The added time comes in response to requests from the industry seeking additional time to consider and comment on the guidance