Doug Kechnie had sued the life insurer claiming it improperly cut off commissions that were scheduled to be paid out over 10 years
Issues include trial by jury for securities offences and treatment of monetary penalties
The tests aim to assess whether financial institutions have sufficient capital to absorb losses and continue operating during stressful economic and financial conditions over a…
Changes ensure level playing field for research report dissemination between Canada and the U.S.
Christopher Hetner will be responsible for co-ordinating efforts across the agency
European securities regulators launch consultation with discussion paper
Two involved in the scheme received conditional sentences while another two will be sentenced later this summer
The committee is expected to provide input on securities policy and operational developments that affect senior investors
IOSCO, IFRS Foundation to strengthen co-operation in the development and implementation of IFRS Ssandards
A single system will replace SEDAR, SEDI, NRD, the cease-trade order database, and the national registration search and discipline list
A new survey finds almost all jurisdictions require public companies to have independent audit committees that act in the interest of investors
Guidance says dealers and reps have an important role in preventing financial exploitation
Document provides guidance on the new reports that dealers must start providing to clients
The new model won’t push fees up as much as initially expected
Measure will further streamline enforcement processes
Although no clients lost money because of the advisor’s recommendations, an IIROC hearing panel said conflicts cannot be tolerated
An MFDA hearing panel says the full penalty matches the seriousness of the allegations, which were theft and borrowing from clients
Carla-Marie Aksomitis was found to have stolen approximately $119,000 from a total of 29 clients with Royal Mutual Funds and Royal Bank of Canada
The comment period is open until June 30
Medical professionals in New York state will be educated to recognize if their elderly patients are victims of fraud — and how to report it
Canada to adopt T+2 settlement on Sept. 5, 2017
The SRO’s new strategic plan points out it will look at a possible “best interest” standard and regulatory restructuring, among other key issues
Principles aim to improve behaviour in a sector that has been hit with trading scandals in recent years
Veteran advisor Kenneth Wheelans and long-time regulator Shirley Lee to serve two-year terms
Investment funds represent the majority of shadow banking assets, and have seen the fastest growth in recent years