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
Latest news in From the Regulators
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
CSA seeks comment on proposed mandatory CCP for OTC derivatives
The revised scope of application addresses concerns of market participants regarding indirect clearing
- By: James Langton
- February 24, 2016 December 19, 2017
- 14:00
U.K. firms make changes to reduce the risk of mis-selling: report
However, it is difficult to assess whether the FCA’s efforts have reduced the overall scale of mis-selling financial products to consumers
- By: James Langton
- February 24, 2016 December 19, 2017
- 11:50
Securities penalties more than doubled in 2015: CSA
Illegal distribution cases remain the biggest issue for regulators
- By: James Langton
- February 23, 2016 December 19, 2017
- 12:00
Trust in an advisor may keep investors from due diligence: study
Investors must be more diligent about their own finances, the BCSC says
- By: James Langton
- February 22, 2016 December 19, 2017
- 12:40
U.K. regulator encourages financial firms to do more to support aging population
Discussion paper intended to spark a discussion on how industry and regulator can work together to address issues facing older consumers
- By: James Langton
- February 22, 2016 December 19, 2017
- 12:00
CFTC charges Canadian with fraud
U.S. regulator alleges that Ryan Magee fraudulently solicited US$2 million from investors in the U.S. and Canada
- By: James Langton
- February 22, 2016 December 19, 2017
- 10:00
OSC reminds mortgage brokers, MIEs of registration requirements
Participants intending to trade mortgage securities must be registered
- By: James Langton
- February 19, 2016 December 19, 2017
- 11:00
Due diligence is key to determining product suitability for retail clients
Many firms do not show consistently good practice across all products and services, U.K. study finds
- By: James Langton
- February 19, 2016 December 19, 2017
- 10:30
N.Y. brokerage CEO sentenced to jail for obstructing SEC investigation
The former head of Crucible Capital has been banned from the industry
- By: James Langton
- February 19, 2016 December 19, 2017
- 09:45
No rewards for whistleblowers: AMF
The Quebec regulator says confidentiality is the main motivation for whistleblowers to report possible misconduct
- By: James Langton
- February 18, 2016 December 19, 2017
- 15:55
IIROC puts focus on suitability, robo-advisors for 2016
The SRO will also be exploring the use of social media as part of its compliance priorities for 2016, which were published on Thursday
- By: James Langton
- February 18, 2016 December 19, 2017
- 13:00