Rupinder Bhathal made redemptions and misappropriated funds from two clients’ RESP accounts without their knowledge and failed to co-operate with the investigation into her conduct
The SRO will focus instead on participating in the CSA’s initiative to enhance proficiency requirements in the investment industry and other “targeted reforms”
Review notes a “general lack of completeness” in fund managers’ policies and procedures
The agreement covers 20 firms registered with in the U.S. as swap dealers, along with the other sorts of firms
The reduction in the total number of client complaints is encouraging, FCA says
The bank agreed to admit wrongdoing in misrepresenting how it determined a key performance metric for its wealth management business
The commission’s decision was “justified, transparent and intelligible,” court says
Proposed guidelines aim to safeguard investors
The two groups are focused on faster payments and enhanced payment system security
State regulators have published a proposed policy on the use of electronic offerings, and electronic signatures
SRO aims to alert dealers’ to possible weaknesses in their cybersecurity programs
Consultation period closes Dec. 5
Keith Lorne Davis committed several infractions, including borrowing from a client and engaging in outside business activity from his dealer firm
Report focuses on board composition, remuneration and incentive structures, and risk management and internal controls
The guidance aims to address the unintended consequences of new requirements that came into effect this past April
Two of Quebec’s senior regulators to share their expertise
The program has awarded more than US$100 million to whistleblowers
Proposed standards aim to help to restore trust both in benchmarks and financial markets
Proposal shortens settlement cycle from three business days to two
Ponzi scheme ran by Rashida Samji collected money ranging from $50,000 to $12 million from investors over a nine-year period
Reps made unsuitable recommendations in the sale of RCNs to retail clients
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
European guidelines aim to protect consumers by improving links between the remuneration of sales staff and the fair treatment of retail investors
Panels will discuss issues such as blockchain technology, automated investment advice and more
The court order is part of IIROC’s bid to enhance the collection of the SRO’s enforcement sanctions