CSA to enhance transparency in corporate bond market
Given a lack of consensus on the CSA’s proposal, regulators have decided to go forward with original plan proposed last year
- By: James Langton
- April 21, 2016 January 22, 2018
- 13:00
Latest news in From the Regulators
IFIC comes out against IIROC’s white paper proposals
Submission to the SRO’s white paper suggests that removing the 270-day rule would “begin to unravel the current SRO system”
- By: James Langton
- April 21, 2016 December 19, 2017
- 11:35
Cross-border derivatives market oversight moves forward
Three more provinces agree to enhance co-operation with CFTC
- By: James Langton
- April 21, 2016 December 19, 2017
- 08:40
MFDA moves closer to having mutual fund reps sell ETFs
The regulator is also taking a proactive approach to members’ concerns about cost and compensation reporting coming into effect with CRM2
- By: Tessie Sanci
- April 20, 2016 November 9, 2019
- 16:45
Manitoba securities investigator randomly contacted by illegal investment firm
Senior investigator Jason Roy was called at home by an unregistered binary options trading firm
- By: James Langton
- April 20, 2016 January 22, 2018
- 15:15
FINRA securities helpline for seniors marks first year
US$1.3 million returned to investors
- By: James Langton
- April 20, 2016 December 19, 2017
- 15:00
MFDA disciplinary findings added to lawsuit
Fund dealers dispute liability for former advisor’s misconduct
- By: James Langton
- April 20, 2016 January 22, 2018
- 14:35
IAP report calls for action on investor protection
The panel continues to push the OSC to introduce a best interest standard
- By: James Langton
- April 20, 2016 December 19, 2017
- 11:00
AMF urges caution about peer-to-peer risk sharing platforms
The Quebec regulatory has yet to decide on the compliance of these products and the companies offering them
- By: James Langton
- April 20, 2016 January 22, 2018
- 08:30
FINRA reminds firms about obligations regarding pension income stream products
There can be “significant consequences” if a firm incorrectly treats a pension income stream product as not being a security
- By: James Langton
- April 19, 2016 December 19, 2017
- 10:25
U.S. regulator flags asset management risks
CFTC chairman calls for improved data collection to help assess the possible systemic risk posed by hedge fund leverage
- By: James Langton
- April 19, 2016 December 19, 2017
- 10:00
Former CEO of Sino Forest was “controlling mind” behind alleged frauds: lawyer
At its peak, Sino-Forest was the most valuable forestry company listed on the TSX, with a market capitalization of $6 billion
- By: Alexandra Posadzki
- April 18, 2016 December 19, 2017
- 15:10
FCA cracking down on inducements
Hospitality events are likely to create conflicts of interest and result in firms not acting in their customers’ best interests
- By: James Langton
- April 18, 2016 December 19, 2017
- 09:50
No advantage for U.K. HFTs in real-time, FCA paper finds
Over longer time periods, researchers did find patterns that are consistent with HFTs anticipating the order flow of non-HFTs
- By: James Langton
- April 18, 2016 December 19, 2017
- 06:00
SEC seeks comments on financial disclosure requirements
Input sought on whether the disclosure requirements continue to elicit the information that investors need for investment and voting decisions
- By: James Langton
- April 15, 2016 December 19, 2017
- 15:40
CSA’s new CRM2 guidance focuses on new rules coming into effect
The guidance spells out what firms should do relating to the cost disclosure and performance reporting provisions, which will be in force on July 15
- By: James Langton
- April 14, 2016 December 19, 2017
- 11:10
FCA seeks to ban former UBS trader for LIBOR role
Arif Hussein is disputing the U.K. regulator’s decision
- By: James Langton
- April 14, 2016 December 19, 2017
- 08:45
ESMA announces stress tests for CCPs
The tests will focus on the risk that European CCPs would face if multiple clearing houses defaulted and they suffered simultaneous market shocks
- By: James Langton
- April 14, 2016 December 19, 2017
- 08:30
IIROC fines advisor $115,000 for unsuitable recommendations
The self-regulatory organization notes that John Phillip Watts failed to use sufficient due diligence to ensure investment recommendations to four clients were suitable
- By: Fiona Collie
- April 13, 2016 January 22, 2018
- 16:30
New international capital standard may have little impact on Canadian P&C insurers
Technology, environmental, and social issues, will pose ongoing challenges for the industry
- By: James Langton
- April 13, 2016 January 29, 2018
- 14:15
OSC announces Small and Medium Enterprises Committee members
Mutual fund fee research Douglas Cumming is among the new committee members
- By: James Langton
- April 13, 2016 December 19, 2017
- 11:40
U.K. regulator calls for IPO reforms
Discussion paper aims to open a debate on improving the way that information is provided to investors
- By: James Langton
- April 13, 2016 December 19, 2017
- 11:15
U.S. regulators have refined bank review processes but could improve transparency: report
Regulators have not disclosed their frameworks for determining whether a plan is credible
- By: James Langton
- April 12, 2016 December 19, 2017
- 14:55
Providing refugees access to financial products a challenge for European banks
Regulators suggest steps banks can take to comply with AML requirements
- By: James Langton
- April 12, 2016 December 19, 2017
- 14:30
SEC seeks 6% funding increase
The requested funding would allow the SEC to hire an additional 250 staff and allow it to invest in technology
- By: James Langton
- April 12, 2016 December 19, 2017
- 13:50