ESMA consults on future rules for financial benchmarks
Proposed standards aim to help to restore trust both in benchmarks and financial markets
- By: James Langton
- September 29, 2016 December 19, 2017
- 09:05
Latest news in From the Regulators
SEC proposes shorter settlement cycle to reduce risk
Proposal shortens settlement cycle from three business days to two
- By: James Langton
- September 29, 2016 December 19, 2017
- 08:50
B.C. judge gives former notary who stole more than $100 million six years in prison
Ponzi scheme ran by Rashida Samji collected money ranging from $50,000 to $12 million from investors over a nine-year period
- By: Camille Bains
- September 28, 2016 December 19, 2017
- 16:25
SEC fines UBS US$15 million for inadequate training
Reps made unsuitable recommendations in the sale of RCNs to retail clients
- By: James Langton
- September 28, 2016 December 19, 2017
- 13:25
Large issuers leading the way in gender diversity, CSA finds
However, more work needs to be done as the total percentage of board seats occupied by women is just 12% vs 11% a year ago
- By: James Langton
- September 28, 2016 December 19, 2017
- 11:25
EBA publishes final guidelines on remuneration of sales staff
European guidelines aim to protect consumers by improving links between the remuneration of sales staff and the fair treatment of retail investors
- By: James Langton
- September 28, 2016 December 19, 2017
- 09:35
SEC to host fintech innovation forum
Panels will discuss issues such as blockchain technology, automated investment advice and more
- By: James Langton
- September 28, 2016 December 19, 2017
- 08:45
IIROC receives authority in PEI to enforce regulatory settlement
The court order is part of IIROC’s bid to enhance the collection of the SRO’s enforcement sanctions
- By: James Langton
- September 27, 2016 December 19, 2017
- 15:45
OSC to launch fintech innovation hub
In addition, the regulator’s whistleblower program, introduced this summer, has already received more than 30 tips from prospective whistleblowers
- By: James Langton
- September 27, 2016 December 19, 2017
- 14:15
CSA puts focus on cybersecurity
Regulators are looking to increase cybersecurity in Canada’s capital markets as cyber threats have evolved and the potential for damage is rising
- By: James Langton
- September 27, 2016 December 19, 2017
- 11:00
Final guidance introduced for tackling financial inclusion
Global banking regulators aims to spell out rules for firms dealing with unserved or underserved clients
- By: James Langton
- September 27, 2016 December 19, 2017
- 09:30
Fed seeks comments on proposal for stress testing rules
Proposed rule would ease stress testing requirements for firms with less complex operations
- By: James Langton
- September 26, 2016 December 19, 2017
- 16:00
SEC charges Merrill Lynch with trading controls failures
Erroneous orders causing numerous “mini-flash crashes”
- By: James Langton
- September 26, 2016 December 19, 2017
- 14:20
OSC seeks members for registrant advisory committee
The committee provides feedback on issues that impact registered firms, including registration and compliance-related topics
- By: James Langton
- September 26, 2016 December 19, 2017
- 11:20
IAP roundtable to discuss risk profiling and retail advice
PlanPlus’s Shawn Brayman honoured for research into risk profiling, and its role in the advice process in Canada
- By: James Langton
- September 23, 2016 December 19, 2017
- 09:50
OSFI proposes new capital requirements for mortgage insurers
The planned changes aim to improve how mortgage insurers measure their capital positions and to position them to withstand losses
- By: James Langton
- September 23, 2016 December 19, 2017
- 09:00
CSA to hold roundtable meetings on proposed reforms
The hearings are slated to take place in Toronto, Halifax, Montreal, Calgary and Vancouver later this year
- By: James Langton
- September 22, 2016 December 19, 2017
- 11:40
CSA proposes amendments to regulation of alternative investment funds
The modernized rules would introduce investment restrictions, including concentration limits, liquidity requirements, and borrowing restrictions
- By: James Langton
- September 22, 2016 November 7, 2018
- 11:00
BCSC panel bans man for fraud
Vulnerable senior’s money diverted to pay for personal expenses, panel finds
- By: IE Staff
- September 21, 2016 December 19, 2017
- 14:25
British regulators find insurance industry’s use “big data” is positive
But regulators are nonetheless concerned that big data may make it harder for some clients to obtain or pay for insurance
- By: James Langton
- September 21, 2016 December 19, 2017
- 10:40
SEC issues US$4 million whistleblower award
Whistleblower awards top US$100 million
- By: James Langton
- September 20, 2016 December 19, 2017
- 13:00
B.C. court grants stay on fraud and theft charges against former advisor
Charles Kamal Dass had sought a stay of the case against him on the basis of an unreasonable delay in hearing the allegations against him
- By: James Langton
- September 20, 2016 December 19, 2017
- 10:50
FINRA announces new governors
One small-firm industry governor elected, two new governors appointed
- By: James Langton
- September 19, 2016 December 19, 2017
- 15:00
Ernst & Young to pay US$9.3 million to settle SEC charges
First SEC enforcement actions for auditor independence failures due to close personal relationships
- By: James Langton
- September 19, 2016 December 19, 2017
- 11:00
FINRA warns investors about “recovery scams”
New alert details a series red flags for investors
- By: James Langton
- September 19, 2016 December 19, 2017
- 10:00