Edwin Weinstein and Douglas Cumming explained the results of their work in a webinar, but steered clear of suggesting specific regulatory intervention
The investor compensation represents the largest amount in an Ontario Securities Commission no-contest settlement since the process was introduced
Action intended to protect depositors and creditors after German regulator shuts down bank
Applications due by Feb. 24
The firm was fined a penalty of $75,000 and charged costs of $15,000 resulting from the inappropriate trading of leveraged ETFs
Authors of report on mutual fund fee and distribution structures respond to many questions about their research
The former officer failed to communicate openly with the Financial Conduct Authority amid growing concerns about the firm’s synthetic credit portfolio in 2012
Omokhodion Oshingbeme sentenced after pleading guilty to fraud
The self-regulatory organization has retained Investor Economics to perform analysis on the geographic, demographic and wealth footprint of fund dealers’ clients
An OSC notice indicates that the proposed settlement will be on a no-contest basis, which means CI would not have to admit to any wrongdoing
Pair fined for illegal trades and distributions of Global 8, Halo Property Services and Canadian Alternative Resources securities
Former bankers plead guilty
Feds move forward to address tax evasion through the automatic exchange of tax information
Revised guidance incorporates the “significant enhancements” to protect banks
Conrad Eagan was found to have stolen about $3.5 million from former clients. He faces criminal charges, civil lawsuits and other investigations
72 firms charged since June 2015
The U.K. regulator has concerns with suitability and disclosure failures
European regulators are concerned the practice may harm retail investors
The SRO wants the ability to enforce its hearing panel penalty decisions through Ontario’s courts as well as statutory immunity for its staff
The act will create incentives for advisors to report possible exploitation as soon as possible
Barclays Capital, Credit Suisse Securities paying more than US$150 million to settle charges with SEC
SIFMA calls for a thorough review of the proposed rule, and all of its implications
The firm’s director was fined $250,000 and permanently banned almost 10 years after the fraud was uncovered
QED Benchmark Management LLC and Peter Kuperman agree to reimburse investors US$2.9 million losses
Raising the amount to $500 million from $150 million aims to encourage market participants to trade at levels closer to the target rate