Court upholds OSC ruling against fund managers
Appeal of OSC decision that found fund managers “committed multiple breaches of their fiduciary obligations” was dismissed
- By: James Langton
- May 18, 2016 December 19, 2017
- 14:30
Latest news in From the Regulators
OSC issues 2016 risk assessment questionnaire
The regulator will host outreach sessions to guide firms through the process of completing the questionnaire
- By: James Langton
- May 18, 2016 December 19, 2017
- 10:30
SEC awards more than US$5M to whistleblower
Award is SEC program’s third highest to date
- By: James Langton
- May 17, 2016 December 19, 2017
- 14:00
Trade reporting requirements proposed for U.S. Treasury market
Regulatory reporting by FINRA members could provide important new information about day‑to‑day activity in both inter‑dealer and dealer‑to‑client markets
- By: James Langton
- May 17, 2016 December 19, 2017
- 10:15
W.H. Stuart founders fined $8 million
An MFDA hearing panel announced a $7-million fine for Dianne Stuart and a $1-million fine for Howard Stuart
- By: James Langton
- May 16, 2016 January 22, 2018
- 16:40
CCIR looks to close key gaps in regulation
Insurance regulators have issued a paper that suggests existing and potential gaps in disclosure between mutual funds and segregated funds may need to be addressed
- By: Megan Harman
- May 16, 2016 January 22, 2018
- 16:00
U.S. regulators invite comment on proposed rule to prohibit incentive-based pay
The proposed requirements aim to discourages inappropriate risk-taking in financial institutions
- By: James Langton
- May 16, 2016 December 19, 2017
- 14:25
Ukrainian hacker admits plotting to use stolen news releases
International scheme used stolen releases to make trades before the information came out
- By: The Associated Press
- May 16, 2016 December 19, 2017
- 13:25
U.S. crowdfunding regime takes effect
FINRA alert summarizes how equity crowdfunding works
- By: James Langton
- May 16, 2016 December 19, 2017
- 11:25
MFDA updates CRM2 FAQ
The document, which provides further clarification on certain issues, also encourages members to meet with MFDA staff to review their new CRM2 client reports
- By: Tessie Sanci
- May 13, 2016 January 22, 2018
- 16:20
OSC postpones dissemination date for OTC derivatives trade reporting
Regulator publishes final amendment to rule requirng derivatives trades to be reported to trade repositories
- By: James Langton
- May 12, 2016 December 19, 2017
- 11:00
The long road to standardized risk disclosure
Although new delivery requirements for Fund Facts kick in this month, looming reforms to a key component of the disclosure document remain a work in…
- By: James Langton
- May 12, 2016 November 9, 2019
- 09:00
AMF creates advisory committees on derivatives and mining
The deadline for applications to join the committees is June 10
- By: James Langton
- May 11, 2016 December 19, 2017
- 16:15
Point of sale: Navigating the new rules
Advisors must understand what “delivery” means — including the exceptions — to ensure they’re prepared to meet the new requirements
- By: Patricia Chisholm
- May 11, 2016 November 9, 2019
- 09:00
FINRA sanctions Arkansas brokerage poor supervision of research department emails
Stephens, Inc. fined US$900,000
- By: James Langton
- May 11, 2016 December 19, 2017
- 08:55
Market risks remain high: ESMA
The major sources of market risk include the uncertain global economic outlook and volatile commodity prices
- By: James Langton
- May 11, 2016 December 19, 2017
- 08:50
IIROC updates deadline for unwinding personal financial dealings with clients
Regulators are continuing to mull over possible changes to the rules that restrict dealer employees from acting as an executor, power of attorney (POA), or…
- By: James Langton
- May 10, 2016 December 19, 2017
- 13:45
Extending mutual fund regulation principles beyond funds
Some insurance products and ETFs are in regulators’ sights
- By: Patricia Chisholm
- May 10, 2016 November 9, 2019
- 11:45
Canadian fraudster pleads guilty to US$250M money laundering scheme
Gregg Mulholland used offshore shell companies in Belize and the West Indies to perpetrate numerous schemes
- By: James Langton
- May 10, 2016 December 19, 2017
- 11:15
AMF rolls out financial awareness campaign
Electronic and print media campaign runs until March 2017
- By: IE Staff
- May 9, 2016 December 19, 2017
- 14:45
Commodities infrastructure can profoundly impact futures markets: IOSCO
Report calls on regulators to develop a set of best practices to avoid problems in the future
- By: James Langton
- May 9, 2016 December 19, 2017
- 11:00
FCA’s “regulatory sandbox” opens to applications
The goal is to support innovation and promote competition in the interests of consumers
- By: James Langton
- May 9, 2016 December 19, 2017
- 09:40
FINTRAC publishes workbook for securities dealers
The compliance guide aims to help firms implement effective measures to address money laundering risks
- By: James Langton
- May 9, 2016 December 19, 2017
- 06:40
MFDA fines advisor $100,000 for leverage recommendations
A regulatory hearing panel has ordered that Rodney Warren also be suspended for 90 days, pay costs of $10,000 and face strict supervision
- By: James Langton
- May 6, 2016 January 22, 2018
- 16:00
World’s top banks still guilty of misconduct
OSFI official says regulator will focus on “risk culture” at financial firms
- By: James Langton
- May 6, 2016 December 19, 2017
- 13:30