Barclays fined over back-office issues
Regulator says firm overcharged exchange and clearing fees
- By: James Langton
- August 4, 2016 December 19, 2017
- 14:35
Latest news in From the Regulators
FINRA issues warning on high-pressure sales calls
The U.S. regulator is warning investors that “boiler room” brokerage scams are still being carried out and defrauding investors
- By: James Langton
- August 4, 2016 December 19, 2017
- 10:45
FINRA sanctions Barclays for deficiencies in reporting audit trail data
The self-regulatory organization found 15 systems issues at the firm that gave rise to various reporting violations
- By: James Langton
- August 3, 2016 December 19, 2017
- 15:40
Singapore regulators to focus on fintech developments
A new international advisory group has been set up to help the authorities keep up with recent fintech developments
- By: James Langton
- August 3, 2016 December 19, 2017
- 10:35
Boiler room broker sentenced to two years probation
The sentence, which includes other sanctions, was handed down after Sydney Klein pleaded guilty to one count of defrauding the public
- By: James Langton
- August 2, 2016 December 19, 2017
- 13:45
U.K.’s FCA issues alert warning of dealing with unauthorized firms
Regulator warns that registered firms could be on the hook if an unauthorized introducer gives clients unsuitable advice
- By: James Langton
- August 2, 2016 December 19, 2017
- 12:40
Four Canadian regulators sign on to MOU with U.S. CFTC
Regulatory authorities in the three territories and Prince Edward Island have joined the MOU, with sets out the terms of co-operation and exchange of information
- By: James Langton
- August 2, 2016 December 19, 2017
- 12:30
IIROC proposes move to T+2
The move to reduce the settlement cycle would coincide with the same standard the U.S. market is adopting in September 2017
- By: James Langton
- August 2, 2016 December 19, 2017
- 11:25
Scotia Capital to repay investors $20 million as part of no-contest settlement
The firm had discovered that some clients in fee-based accounts were also paying trailer fees as a result of problems within its systems of control…
- By: Tessie Sanci
- July 29, 2016 December 17, 2018
- 14:50
OSC corporate finance report aims to aid compliance
The report contains an update on exempt market reform and crowdfunding
- July 28, 2016 December 19, 2017
- 13:45
ASC eases capital raising rules further
Alberta adopts prospectus exemption rule for start-ups
- By: Patricia Chisholm
- July 26, 2016 December 19, 2017
- 11:20
CSA extends comment deadline for best-interest consultation paper
The comment period on the paper, which was published on April 28, has been extended to Sept. 30; roundtable discussions will take place this autumn
- July 25, 2016 December 19, 2017
- 12:00
Ministers announce CMRA timelines and initial board of directors
Bill Black, former president and CEO of Maritime Life, will chair the 15-member board
- By: James Langton
- July 22, 2016 December 19, 2017
- 15:00
U.K., South Korea announce fintech co-operation agreement
The deal will enable regulators to share information about innovations in their respective markets
- By: James Langton
- July 22, 2016 December 19, 2017
- 14:15
Banking execs want more emphasis on shadow banking, fintech risks: OSFI
Federal regulator releases overview of consultation findings
- By: James Langton
- July 22, 2016 December 19, 2017
- 13:10
OSC to review compensation, sales practices
Commission publishes summary report for dealers, advisors and investment fund managers
- By: James Langton
- July 21, 2016 December 19, 2017
- 11:15
U.K. regulator reviews dark pool governance
Operators should be doing more to identify and manage conflicts of interests
- By: James Langton
- July 21, 2016 December 19, 2017
- 10:15
U.K. regulator eyes “regtech” to reduce compliance costs
The Financial Conduct Authority seeks to encourage innovation and to help identify opportunities for the adoption of new technologies
- By: James Langton
- July 20, 2016 December 19, 2017
- 09:30
FINRA sanctions annuity firm for failing to prevent theft
US$1.3 million stolen from an 89-year-old customer’s variable annuity account
- By: James Langton
- July 19, 2016 December 19, 2017
- 14:45
ESMA advises on extension of funds passport to 12 non-EU countries
There are no significant obstacles impeding the application of the passport to Canada and other countries
- By: James Langton
- July 19, 2016 December 19, 2017
- 12:10
Canadian securities regulators recognize three trade repositories
Firms cleared by several provinces to operate derivatives trade repositories
- By: James Langton
- July 18, 2016 December 19, 2017
- 13:30
CSA continuous disclosure reviews find more deficiencies
A new report highlights common deficiencies and illustrates best practices for corporate issuers
- By: James Langton
- July 18, 2016 December 19, 2017
- 11:20
Enhanced disclosure has limited effect on consumers
Regulators must consider wider interventions to improve consumer outcomes, U.K. paper concludes
- By: James Langton
- July 18, 2016 December 19, 2017
- 10:50
EBA launches data collection to support the new prudential framework for investment firms
The data will help craft new, more tailored capital rules for the sector
- By: James Langton
- July 15, 2016 December 19, 2017
- 13:00