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
Latest news in From the Regulators
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
More needs to be done to prevent insider trading: OSC
A review report of insider reporting from the OSC found “material insider reporting deficiencies” in approximately 70% of issuers
- By: James Langton
- February 18, 2016 December 19, 2017
- 11:20
SEC settles with former analyst
The U.S. regulator alleged that the analyst certified a rating on a stock that was inconsistent with his personal view
- By: James Langton
- February 17, 2016 December 19, 2017
- 14:00
OSC launch of investor education effort draws praise
Investment industry and investor advocate groups are praising the launch of new Fact Cards that can be used to educate investors on various topics
- By: James Langton
- February 17, 2016 December 19, 2017
- 12:30
Former advisor sentenced to four years in jail
Roger Schoer ordered to pay $109,000 in restitution for fraud
- By: James Langton
- February 17, 2016 December 19, 2017
- 09:40
BoC plans changes to foreign exchange rate data
The proposed changes reinforce the distinction between FX rate fixings used as benchmarks for transactions and the exchange rates that the BoC publishes for informational…
- By: James Langton
- February 16, 2016 December 19, 2017
- 16:25
ESMA consults on implementation of benchmarks regulation
European regulator seeks feedback on discussion paper
- By: James Langton
- February 16, 2016 December 19, 2017
- 15:50
SEC bulletin educates investors on crowdfunding
Starting May 16, companies can use crowdfunding to offer and sell securities to the investing public in the U.S.
- By: James Langton
- February 16, 2016 December 19, 2017
- 15:15
Provinces propose changes to derivatives trade report rules
Regulators aim to establish public transparency requirements
- By: James Langton
- February 16, 2016 December 19, 2017
- 14:00
Florida man gets prison for defrauding investors of US$3.3 million
Cecil Speight carried out his fraud through his ownership of International Stock Transfer
- By: The Associated Press
- February 12, 2016 December 19, 2017
- 16:30
IIROC drops proposal for introducing brokers
Citing lack of support, the regulator has decided not to proceed with a proposal to adopt lower minimum capital requirements for this firm
- By: James Langton
- February 11, 2016 December 19, 2017
- 17:40
Compensation researchers stay mum on recommendations
Edwin Weinstein and Douglas Cumming explained the results of their work in a webinar, but steered clear of suggesting specific regulatory intervention
- By: James Langton
- February 11, 2016 December 19, 2017
- 15:50
CI to pony up $156.1 million in compensation, plus make voluntary payment to the OSC
The investor compensation represents the largest amount in an Ontario Securities Commission no-contest settlement since the process was introduced
- By: James Langton
- February 11, 2016 December 19, 2017
- 09:25
OSFI takes temporary control of Maple Bank’s Canadian branch
Action intended to protect depositors and creditors after German regulator shuts down bank
- By: James Langton
- February 10, 2016 December 19, 2017
- 17:45
OSC seeks members for continuous disclosure advisory committee
Applications due by Feb. 24
- By: James Langton
- February 10, 2016 December 19, 2017
- 14:30
IAS reaches settlement with IIROC
The firm was fined a penalty of $75,000 and charged costs of $15,000 resulting from the inappropriate trading of leveraged ETFs
- By: James Langton
- February 10, 2016 December 19, 2017
- 09:45
CSA commissioned analysis reiterates, expands conclusions of Cumming’s report
Authors of report on mutual fund fee and distribution structures respond to many questions about their research
- By: James Langton
- February 9, 2016 December 19, 2017
- 13:20
U.K. fines former JPMorgan exec US$1.1M in “London Whale” case
The former officer failed to communicate openly with the Financial Conduct Authority amid growing concerns about the firm’s synthetic credit portfolio in 2012
- By: James Langton
- February 9, 2016 December 19, 2017
- 11:00
Phony angel investor gets jail time
Omokhodion Oshingbeme sentenced after pleading guilty to fraud
- By: James Langton
- February 8, 2016 December 19, 2017
- 15:15
MFDA announces client research project
The self-regulatory organization has retained Investor Economics to perform analysis on the geographic, demographic and wealth footprint of fund dealers’ clients
- By: James Langton
- February 8, 2016 December 19, 2017
- 13:30