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…
The report contains an update on exempt market reform and crowdfunding
Alberta adopts prospectus exemption rule for start-ups
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
Bill Black, former president and CEO of Maritime Life, will chair the 15-member board
The deal will enable regulators to share information about innovations in their respective markets
Federal regulator releases overview of consultation findings
Commission publishes summary report for dealers, advisors and investment fund managers
Operators should be doing more to identify and manage conflicts of interests
The Financial Conduct Authority seeks to encourage innovation and to help identify opportunities for the adoption of new technologies
US$1.3 million stolen from an 89-year-old customer’s variable annuity account
There are no significant obstacles impeding the application of the passport to Canada and other countries
Firms cleared by several provinces to operate derivatives trade repositories
A new report highlights common deficiencies and illustrates best practices for corporate issuers
Regulators must consider wider interventions to improve consumer outcomes, U.K. paper concludes
The data will help craft new, more tailored capital rules for the sector
The new program promises to pay rewards of up to $5 million for original information of industry misconduct that results in successful enforcement action
Province joins Alberta, Quebec and Nova Scotia in adopting this approach to improving investor protection
The information should provide investors more transparency
All forms of financial advice should required to put consumers’ interests first, report says
The revised standard sets out additional criteria for differentiating the capital treatment of “simple, transparent and comparable” securitizations from other sorts of transactions
Areas highlighted for attention include investor protection, market fairness, enforcement and technology
Proposals include stronger protection for client assets, clarity for EMD activities and relief from certain CRM2 requirements
Regulators issue consultation paper