SEC completes muni-underwriter enforcement sweep
72 firms charged since June 2015
- By: James Langton
- February 2, 2016 December 19, 2017
- 17:30
Latest news in From the Regulators
FCA review finds compliance failings with CFDs
The U.K. regulator has concerns with suitability and disclosure failures
- By: James Langton
- February 2, 2016 December 19, 2017
- 14:00
ESMA finds evidence of closet indexing
European regulators are concerned the practice may harm retail investors
- By: James Langton
- February 2, 2016 December 19, 2017
- 11:30
IIROC seeks greater enforcement powers in Ontario
The SRO wants the ability to enforce its hearing panel penalty decisions through Ontario’s courts as well as statutory immunity for its staff
- By: James Langton
- February 1, 2016 December 19, 2017
- 16:10
NASAA members adopt model act to protect seniors and vulnerable adults
The act will create incentives for advisors to report possible exploitation as soon as possible
- By: James Langton
- February 1, 2016 December 19, 2017
- 16:00
Wall Street firms reach settlement on dark pool violations
Barclays Capital, Credit Suisse Securities paying more than US$150 million to settle charges with SEC
- By: James Langton
- February 1, 2016 December 19, 2017
- 10:00
U.S. DOL fiduciary rule at OMB
SIFMA calls for a thorough review of the proposed rule, and all of its implications
- By: James Langton
- January 29, 2016 December 19, 2017
- 14:45
MFDA fines firm $4 million for selling fraudulent product
The firm’s director was fined $250,000 and permanently banned almost 10 years after the fraud was uncovered
- By: James Langton
- January 29, 2016 December 19, 2017
- 12:30
Toronto hedge fund manager settles with SEC
QED Benchmark Management LLC and Peter Kuperman agree to reimburse investors US$2.9 million losses
- By: James Langton
- January 29, 2016 December 19, 2017
- 11:30
BoC raises target for daily settlement balances
Raising the amount to $500 million from $150 million aims to encourage market participants to trade at levels closer to the target rate
- By: James Langton
- January 29, 2016 December 19, 2017
- 10:40
ESMA consults on abusive trading guidelines
The new market abuse rules will take effect in July
- By: James Langton
- January 28, 2016 December 19, 2017
- 15:00
Regulators issue updates on exempt market
Two notices intended to help the industry and investors understand the most recent developments
- By: James Langton
- January 28, 2016 December 19, 2017
- 12:15
European regulators air cross-selling concerns
Agencies call for a consistent approach to the regulation of the securities, insurance and banking sectors
- By: James Langton
- January 27, 2016 December 19, 2017
- 13:10
OSC bans convicted fraudster Paul DiNardo
Ponzi schemes bilked approximately $13 million from investors
- By: James Langton
- January 26, 2016 December 19, 2017
- 16:25
Crowdfunding regime takes effect
Companies are required to distribute their securities through registered funding portals
- By: James Langton
- January 25, 2016 December 19, 2017
- 14:50
Provincial, territorial securities regulators implement derivatives reporting rules
New rules harmonized with regimes in Manitoba, Ontario and Quebec
- By: James Langton
- January 22, 2016 December 19, 2017
- 13:30
OSFI proposes new guideline on bank disclosure
The draft guideline sets out the federal banking regulator’s expectations for disclosure of credit and market risk under Basel III
- By: James Langton
- January 22, 2016 December 19, 2017
- 10:25
CSA proposes new rules for OTC derivatives markets
The proposals aim to guard against systemic risk and boost customer protection in derivatives markets
- By: James Langton
- January 21, 2016 December 19, 2017
- 12:10
Emerging market regulators reinforce commitment to strengthen resilience
IOSCO Growth and Emerging Markets Committee discusses rising risks at Indonesia meeting
- By: James Langton
- January 21, 2016 December 19, 2017
- 12:00
IMF paper examines how to curtail the risks of virtual currencies
Distributed ledger technology can lower costs also shorten the time required to settle securities transactions
- By: James Langton
- January 20, 2016 December 19, 2017
- 15:35
New Bank Start-up Unit launched by U.K. financial regulators
The unit aims to help those who want to start a new bank in the U.K. navigate the regulatory process
- By: James Langton
- January 20, 2016 December 19, 2017
- 11:05
BCSC panel finds former advisor committed fraud
Thomas Williams and his companies raised approximately $11.7 million from investors
- By: James Langton
- January 19, 2016 December 19, 2017
- 16:15
Man arrested in Mexico and returned to Canada to face fraud trial
The ASC has charged Kenneth Fower with fraud in relation to the sale of sale of The Investment Exchange Mortgage Corp. securities
- By: James Langton
- January 18, 2016 December 19, 2017
- 16:15
SEC awards whistleblower more than US$700,000
Researcher’s analysis led to enforcement action
- By: James Langton
- January 15, 2016 December 19, 2017
- 15:00
Feds propose changes to the tax treatment of certain trusts and estates
The proposals concern investment funds, charitable donations and spousal trusts
- By: James Langton
- January 15, 2016 December 19, 2017
- 14:15