Canada, Switzerland to share financial account information
Feds move forward to address tax evasion through the automatic exchange of tax information
- By: James Langton
- February 5, 2016 December 19, 2017
- 10:20
Latest news in From the Regulators
Basel Committee expands anti-money laundering guidelines
Revised guidance incorporates the “significant enhancements” to protect banks
- By: James Langton
- February 4, 2016 December 19, 2017
- 17:25
MFDA bans advisor and fines him $5 million
Conrad Eagan was found to have stolen about $3.5 million from former clients. He faces criminal charges, civil lawsuits and other investigations
- By: James Langton
- February 3, 2016 December 19, 2017
- 12:00
SEC completes muni-underwriter enforcement sweep
72 firms charged since June 2015
- By: James Langton
- February 2, 2016 December 19, 2017
- 17:30
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