CSA proposes standardized risk classification methodology for funds
The recommendation for both mutual funds and ETFs largely follows the approach that’s already widely in use
- By: James Langton
- December 10, 2015 December 19, 2017
- 12:20
Latest news in From the Regulators
Basel Committee proposes revisions to standardized approach for credit risk
The changes focus on calculating credit risk when determining how much capital banks must set aside
- December 10, 2015 December 19, 2017
- 11:45
FCA report calls for greater protection of inside information
Although financial services firms are aware of the risks that accompany inside information, they need to do more to ensure the risks are handled properly
- By: James Langton
- December 10, 2015 December 19, 2017
- 11:00
IIROC study finds HFT impacts “mostly positive”
The study did not reveal any concerns that warranted a regulatory response beyond measures already implemented by IIROC
- By: James Langton
- December 9, 2015 December 19, 2017
- 14:30
IIROC suspends and fines advisor for various infractions
Robert Lewis has to pay a fine of $175,000 for five infractions committed between 2008 and 2012 when he was an advisor with Manulife Securities
- By: Tessie Sanci
- December 9, 2015 December 19, 2017
- 12:30
IIROC exempts 44 dealers from CRM2-related reporting requirements
The exemption relates to reporting requirement for firms that have relatively small amounts of client assets held off-book
- By: James Langton
- December 9, 2015 December 19, 2017
- 09:50
BCSC issues lifetime ban against Forex trader
Fines total more than $650,000
- By: IE Staff
- December 8, 2015 December 19, 2017
- 16:30
FSB working to identify financial stability risks at global asset managers
A project is currently underway to assess five areas of vulnerability
- By: James Langton
- December 8, 2015 December 19, 2017
- 15:15
CCMR spells out transition framework
Regulator aims to minimize the impact on market participants and their businesses
- By: James Langton
- December 8, 2015 December 19, 2017
- 14:50
ASC alleges man defrauded Facebook IPO investors
Scheme illegally raised more than $1.5 million, regulator alleges
- By: IE Staff
- December 8, 2015 December 19, 2017
- 09:40
BCSC declines to review IIROC ban
Scott Lower had applied to the commission to review IIROC’s decision to ban him from the industry
- By: James Langton
- December 8, 2015 December 19, 2017
- 07:30
FSB report notes progress on bank risk disclosure
Canadian, U.K. banks have made the most progress in adopting recommendations of the Enhanced Disclosure Task Force
- By: James Langton
- December 7, 2015 December 19, 2017
- 11:40
MFDA names new chairman
Steven Donald of Assante is the SRO’s new chairman of the board while Christopher Nicholls takes over the role of vice chairman
- By: Tessie Sanci
- December 7, 2015 December 19, 2017
- 11:00
ESMA seeks retail representation for shareholder advisory group
Group advises ESMA on issues related to prospectuses, transparency, corporate governance and takeover bids
- By: James Langton
- December 7, 2015 December 19, 2017
- 08:30
Octagon Capital declared bankrupt; firm suspended
EY to initiate transfer of customer accounts to other dealers “as soon as possible,” CIPF says
- By: James Langton
- December 7, 2015 December 19, 2017
- 08:00
AMF sanctions Scotia Life
Insurer offered accidental death and hospitalization insurance products through employees of a telemarketing firm
- By: James Langton
- December 4, 2015 December 19, 2017
- 16:50
European regulators mull intervention on robo-advisors
Discussion paper analyzes the benefits and risks robo-advisors present for investors and the financial services sector alike
- By: James Langton
- December 4, 2015 December 19, 2017
- 12:30
New directors approved at MFDA annual general meeting
Members approve rule amendments
- By: James Langton
- December 3, 2015 December 19, 2017
- 18:30
CSA to require exempt-market filings be made on SEDAR
The CSA has a project underway to create a single, integrated electronic filing system for exempt-market filings
- By: James Langton
- December 3, 2015 December 19, 2017
- 14:00
CSA introduces new requirements for clearing agencies
Eight provincial securities regulators have also signed an MOU that sets out how they will oversee clearing agencies and trade repositories
- By: James Langton
- December 3, 2015 December 19, 2017
- 13:55
FCA to require insurers to publish details of last year’s premium
U.K. regulators are trying to prompt consumers to shop around for insurance through a behavioural “nudge”
- By: James Langton
- December 3, 2015 December 19, 2017
- 10:00
NSSC bans former mutual fund salesperson
Ex rep admits to diverting money from clients, making misleading statements
- By: James Langton
- December 2, 2015 December 19, 2017
- 14:50
Brochure outlines benefits of working with an MFDA member
The goal is to promoted client awareness
- By: IE Staff
- December 2, 2015 December 19, 2017
- 10:35
New York proposes anti-money laundering requirement
Senior executives at financial firms would need to certify the adequacy of their systems to combat money laundering and terrorist financing
- By: James Langton
- December 2, 2015 December 19, 2017
- 09:40
IIROC hearing to consider Octagon Capital suspension
The capital deficient firm does not have a qualified CFO
- By: James Langton
- December 2, 2015 December 19, 2017
- 09:20