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
Latest news in From the Regulators
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
European regulators warn on money laundering and terrorist financing risks
Weaknesses among firms leave the financial sector vulnerable to abuse by financial criminals
- By: James Langton
- February 21, 2017 February 15, 2019
- 16:35
U.S. regulators to facilitate oversight of crowdfunding offerings
An agreement between U.S. state and federal securities regulators intends to ensure crowdfunding exemptions are enabling access to capital
- By: James Langton
- February 21, 2017 February 15, 2019
- 14:20
MX’s regulatory division to target market manipulation
The group will soon create an industry advisory group to gain insights on regulatory issues and get feedback on rule proposals and guidance
- By: James Langton
- February 21, 2017 February 15, 2019
- 14:00
Alberta’s new JSOT unit makes first arrest
Neil Andrew McDonald of Calgary has been charged with various alleged breaches of the Criminal Code
- By: IE Staff
- February 21, 2017 February 15, 2019
- 13:00
BCSC permanently bans and fines fraudsters almost $5 million
Richard Lian and Enna Keller raised US$3.2 million from investors by selling securities in a company subject to a cease-trade order
- By: James Langton
- February 16, 2017 February 15, 2019
- 15:30
FCA to examine effectiveness of capital markets
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…
- By: James Langton
- February 14, 2017 February 15, 2019
- 15:30
European regulators warn of trading loopholes
ESMA is concerned that brokerage firms are creating networks to avoid the obligation that internal matching systems be authorized as trading venues
- By: James Langton
- February 14, 2017 February 15, 2019
- 14:35
SEC sanctions Morgan Stanley for US$8 million
The firm also admits to wrongdoing related to compliance failures surrounding the sale of risky inverse ETFs to retail clients
- By: James Langton
- February 14, 2017 February 15, 2019
- 14:15
ASC to consider introduction of whistleblower program
The regulator also plans to review derivatives markets, climate change disclosure, energy sector regulation and fintech in the next three years
- By: James Langton
- February 13, 2017 February 15, 2019
- 14:35
IIROC issues guidance for supervising work-from-home arrangements
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
- By: James Langton
- February 13, 2017 February 15, 2019
- 13:04
CSA looking to develop new system for analyzing market data
The proposal would replace the CSA’s existing system for investigating possible market misconduct cases utilizing T+1 trading data
- By: James Langton
- February 13, 2017 February 15, 2019
- 12:10
FSCO warns clients of mystery shopping scam
Some individuals are being sent letters and cheques citing payment for a mystery shopper assignment for the Insurance Institute of Canada
- By: IE Staff
- February 10, 2017 February 15, 2019
- 14:45
BCSC to allow investors to sell cease-traded securities to their dealers
The measures will mean cost savings for dealers and relief for investors in the province
- By: James Langton
- February 9, 2017 February 15, 2019
- 15:40
CSA issues notice on approach to segregation and portability arrangements
The notice is part of regulators’ ongoing efforts at enhancing regulation of over-the-counter derivatives markets
- By: James Langton
- February 9, 2017 February 15, 2019
- 14:00