IIROC signs MOU with the Alberta Insurance Council
The two regulators will inform each other when they refuse to register or license an individual registered with the other regulator
- By: IE Staff
- January 26, 2017 January 19, 2019
- 14:15
Latest news in From the Regulators
CSA cuts trading fee cap on domestic securities
The move aims to address securities industry complaints about trading costs being too high
- By: James Langton
- January 26, 2017 January 19, 2019
- 12:20
New CSA protocols aim to enhance the integrity of the proxy voting process
The voluntary protocols set out expectations on the roles and responsibilities of the various firms that handle meeting vote reconciliation
- By: James Langton
- January 26, 2017 January 19, 2019
- 11:00
OSC names inaugural members to Fintech Advisory Committee
Committee members will serve one-year teams and advise OSC staff on developments in fintech as well as the challenges these startup companies face
- By: James Langton
- January 26, 2017 January 19, 2019
- 10:35
Canadian sentenced to jailed in the U.S. for role in fraud scheme
Michale Randles will spend four years in jail after admitting to his role in an offshore money laundering and “pump and dump” scheme
- By: James Langton
- January 25, 2017 January 19, 2019
- 15:45
New MFDA paper provides guidance on suitability
The paper provides guidance on how regulators have addressed the issue of suitability through their enforcement proceedings against advisors
- By: James Langton
- January 25, 2017 January 19, 2019
- 12:50
Australian regulators seek to streamline market integrity rules
The ASIC is making the move, which will consolidate obligations and prohibitions for licensed financial markets, to reduce regulatory red tape
- By: James Langton
- January 24, 2017 January 19, 2019
- 10:20
B.C. life insurance agent suspended for five years
Sherry Cheng-Hui Kao borrowed money from clients to speculate in real estate and misled both the clients, and her employer, the ICBC found
- By: James Langton
- January 23, 2017 January 19, 2019
- 17:10
SEC awards three whistleblowers US$7 million
The primary whistleblower in the case will receive more than US$4 million while the two others will split more than US$3 million
- By: James Langton
- January 23, 2017 January 19, 2019
- 14:40
Investors have much to learn about investment fees, BCSC study finds
The first phase of a three-part research project on the impact of CRM2 finds that many don’t know how advisors are paid or the types…
- By: James Langton
- January 23, 2017 January 19, 2019
- 14:00
Advisors’ training for risk assessments should be boosted, IAP recommends
A new report on a roundtable discussion notes participants in the session agreed regulators should establish minimum standards for risk assessments
- By: James Langton
- January 23, 2017 January 19, 2019
- 12:50
DoJ reaches US$50-million settlement with Société Générale
The deal follows a pair of multi-billion dollar settlements between the DoJ and Deutsche Bank and Credit Suisse earlier this week related to RMBS
- By: James Langton
- January 20, 2017 January 19, 2019
- 17:05
IE’s Regulatory Reporter, January 2017
A concise guide to recent regulatory initiatives and deadlines
- By: IE Staff
- January 20, 2017 January 19, 2019
- 16:30
IIROC suspends All Group Financial Services
The small investment dealer, which is selling most of its business to Hampton Securities, must cease dealing with the public as of Jan. 23
- By: James Langton
- January 19, 2017 January 19, 2019
- 17:35
Issuers must do a better job of reporting cybersecurity information
Most issuers identify cybersecurity as a material risk, but few provide specific insight into their vulnerability to cybersecurity incidents, the CSA finds
- By: James Langton
- January 19, 2017 January 19, 2019
- 14:20
CSA introduces two new sets of rules for the OTC derivatives market
The new rules are part of Canada’s effort to meet its G20 commitments to reform global OTC derivatives markets following the global financial crisis
- By: James Langton
- January 19, 2017 January 19, 2019
- 12:35
OBSI to consider new enforcement powers
The dispute-resolution service says in its new strategic plan that it wants to implement a new approach to enforcing compensation recommendations
- By: James Langton
- January 19, 2017 January 19, 2019
- 11:50
SEC reaches settlement with Toronto-based MDC Partners
The firm has agreed to pay a US$1.5-million penalty for failing to disclose benefits it paid on behalf of its former CEO, Miles Nadal
- By: James Langton
- January 18, 2017 January 19, 2019
- 15:30
FINRA examining impact and risks of blockchain
The SRO’s report provides an overview of the technology, highlights its possible applications, and regulatory considerations for broker-dealers
- By: James Langton
- January 18, 2017 January 19, 2019
- 15:00
CSA roundtable to focus on hypothetical cybersecurity incidents
The regulatory roundtable, which takes place on Feb. 27 at the OSC’s offices, will examine how the industry would respond to such incidents
- By: James Langton
- January 18, 2017 January 19, 2019
- 11:30
MSC warns investors about investment seminar
The regulator is concerned that the seminar focuses on scams in which investors are encouraged to withdraw funds from their RRSPs or RRIFs
- By: James Langton
- January 17, 2017 January 19, 2019
- 15:40
BlackRock settles charges with SEC for US$340,000
The U.S. regulator alleged that the firm improperly prevented departing employees from potentially collecting whistleblower awards
- By: James Langton
- January 17, 2017 January 19, 2019
- 12:30
IIROC to hold hearing on All Group Financial Services
The SRO is seeking to suspend introducing broker, which became capital deficient on Jan. 3 and subsequently sold its business to Hampton Financial
- By: James Langton
- January 16, 2017 December 19, 2017
- 15:55
FSB policy proposals to benefit global asset managers
Large asset managers are better positioned to absorb the added compliance costs, a new report from Moody’s finds
- By: James Langton
- January 16, 2017 December 19, 2017
- 12:00
IIROC extends comment period for guidance on OEO firms
This is the second time that the SRO has extended the comment period on proposed new guidance regarding discount brokers
- By: James Langton
- January 16, 2017 December 5, 2019
- 11:40