SEC settles with binary options firm
Regulators warn that firm may be further targeting victims
- By: James Langton
- March 9, 2016 December 19, 2017
- 13:50
Latest news in From the Regulators
Former U.S. broker gets five-year jail sentence
The New Jersey man was convicted of stealing millions of dollars from several clients
- By: James Langton
- March 9, 2016 December 19, 2017
- 10:20
SEC announces creation of Office of Risk and Strategy
Peter Driscoll named chief risk and strategy officer
- By: James Langton
- March 8, 2016 December 19, 2017
- 15:30
IIROC extends white paper comment deadline
Industry requests more to time to consider implications of allowing dealers to employ mutual fund reps, and allowing investment reps to set up personal corporations
- By: James Langton
- March 8, 2016 December 19, 2017
- 12:00
Australian regulator warns industry on cyber resilience
Report calls on senior management to manage cyber risk
- By: James Langton
- March 7, 2016 December 19, 2017
- 16:15
OSC enforcement activity increases in 2015
Although there were more cases brought in 2015, fewer regulatory proceedings were concluded during the past year, a new OSC report states
- By: James Langton
- March 7, 2016 December 19, 2017
- 13:05
New accountability regime for U.K. banks and insurers comes into force
Senior executives can delegate tasks but cannot delegate responsibility
- By: James Langton
- March 7, 2016 December 19, 2017
- 11:10
Basel Committee aims to revise banks’ calculation of operation risk
The proposed revisions would introduce a single, standard that methodology that would make calculations more comparable
- By: James Langton
- March 4, 2016 December 19, 2017
- 11:35
Regulators flag enforcement issues at IIROC
CSA report says access to case management database not adequately restricted, among other findings
- By: James Langton
- March 3, 2016 December 19, 2017
- 14:15
CSA changes passport system to improve harmonization
New rules will make it easier for orders made in one jurisdiction to apply across the country
- By: James Langton
- March 3, 2016 December 19, 2017
- 12:45
FCA review finds U.K. life insurers haven’t treated clients fairly
The review found problems with the disclosure of charges clients are incurring for life insurance products closed to new business
- By: James Langton
- March 3, 2016 December 19, 2017
- 11:15
IIROC bans former advisor permanently
Wasseem Dirani was also fined $266,000 for misappropriating money from clients, among other regulatory violations
- By: James Morton
- March 3, 2016 December 19, 2017
- 07:55
IOSCO report touts misconduct as a key threat
Harmful conduct in retail markets can include investment fraud, negligence and mis-selling of complex, structured retail products
- By: James Langton
- March 2, 2016 December 19, 2017
- 12:45
Big global banks meeting Basel III requirements
A new review from the Basel Committee indicates that banks are meeting their basic common equity Tier 1 capital requirements
- By: James Langton
- March 2, 2016 December 19, 2017
- 11:20
U.K.’s FCA bans former Deutsche Bank trader
Michael Ross Curtler pled guilty to market manipulation in the U.S.
- By: James Langton
- March 2, 2016 December 19, 2017
- 10:10
MFDA seeks nominations for regional councils
Nominations for council members, which could be selected to serve on three-person hearing panels, are due March 31
- By: James Langton
- March 2, 2016 December 19, 2017
- 10:05
OSC accuses former advisor of serving clients without being registered
The OSC’s allegations state that Mark Rotstein and his firm “had been engaging in unlawful trading and advising for a year”
- By: James Langton
- March 1, 2016 December 19, 2017
- 16:40
IIROC hearing panel suspends two brokers
The suspension follows an OSC decision banning Paul Azeff and Korin Bobrow
- By: James Langton
- March 1, 2016 December 19, 2017
- 10:50
U.K.’s FCA offers fund firms guidance on meeting redemptions
The issue of managing liquidity has become more challenging for fund managers since the financial crisis, the FCA reports
- By: James Langton
- February 29, 2016 December 19, 2017
- 13:45
OSFI issues margin requirements for non-centrally cleared derivatives trades
The guidelines, which are based on global principles developed in the wake of the financial crisis, will come into effect on Sept. 1
- By: James Langton
- February 29, 2016 December 19, 2017
- 11:15
FINRA approves enhanced price disclosure to retail investors in fixed-income securities
The proposal aims to improve transparency to retail investors
- By: James Langton
- February 26, 2016 December 19, 2017
- 15:00
More work to be done on interest rate benchmarks: IOSCO
Report makes recommendations for benchmark administrators aimed at strengthening the implementation of IOSCO principles
- By: James Langton
- February 26, 2016 December 19, 2017
- 11:05
CSA announces fundamental changes to take-over bid regime
Canada’s provincial regulators also published final amendments to the “early warning” system on Thursday
- By: James Langton
- February 25, 2016 December 19, 2017
- 11:50
U.K. regulator tells banks to open up payment system to competition
The aim is to create the conditions for greater innovation
- By: James Langton
- February 25, 2016 December 19, 2017
- 11:00
MFDA, IFIC help inform investors about pre-sale disclosure
The move to pre-trade delivery of Fund Facts is set for May 30
- By: James Langton
- February 25, 2016 December 19, 2017
- 10:20