Baby boomers at greater risk of fraud, ASC warns
List of top investor risks for 2016 also includes investors turning to social media for information, advice, or investment recommendations
- By: James Langton
- January 15, 2016 December 19, 2017
- 13:15
Latest news in From the Regulators
Alberta court rejects challenge to ASC’s investigative powers
The ASC could not meet the objectives of securities regulation without having the power to investigate and compel information, court rules
- By: James Langton
- January 15, 2016 December 19, 2017
- 11:00
Proper disclosure needed for non-GAAP reporting: CSA
CSA staff notice says this type of financial reporting “may mislead investors” if it’s not accompanied by appropriate disclosure
- By: James Langton
- January 14, 2016 December 19, 2017
- 15:00
MFDA to carry out new review of sales incentives
New bulletin also states that the SRO is concerned about the prevalence of reps falsifying client signatures
- By: James Langton
- January 14, 2016 December 19, 2017
- 14:25
MSC: Unregistered firms targeting Manitoba investors
Two offshore platforms are using social media to solicit investors
- By: James Langton
- January 14, 2016 December 19, 2017
- 12:45
NSSC: Amendments enhance regulator’s authority
Scope of compliance examinations expanded to include exempt market issuers and derivatives market participants
- By: James Langton
- January 14, 2016 December 19, 2017
- 12:20
OSC’s new crowdfunding regime receives approval
Startups will be able to raise capital from ordinary retail investors online without a prospectus, subject to certain conditions, as of Jan. 26
- By: James Langton
- January 14, 2016 December 19, 2017
- 11:25
Basel Committee issues revised framework for market risk capital requirements
The revised market risk framework comes into effect on Jan. 1, 2019
- By: James Langton
- January 14, 2016 December 19, 2017
- 09:50
FSCO warns of mystery shopper scam
Advance fee scam targets Allstate Insurance
- By: James Langton
- January 13, 2016 December 19, 2017
- 17:25
Exempt market: New prospectus exemption focuses on suitability of advice
Five provincial regulators are aiming to help facilitate the raising of capital and to make it easier for investors to participate in private placements
- By: James Langton
- January 13, 2016 December 19, 2017
- 15:15
MFDA to regulate reps’ use of financial planner title
Most of the 29 comments the SRO received on a consultation paper contemplating rule amendments were supportive of the idea
- By: James Langton
- January 13, 2016 December 19, 2017
- 10:15
OSFI deputy outlines revised capital requirements for banks
Revised requirements will be tied to housing prices and household debt levels
- By: James Langton
- January 12, 2016 December 19, 2017
- 16:00
MFDA bans and fines advisor $500,000
Former HollisWealth advisor admitted to soliciting and accepting more than $2 million from clients and others and depositing those funds into accounts under his control
- By: Tessie Sanci
- January 12, 2016 December 19, 2017
- 12:35
Court dismisses bid to overturn BCSC sanctions
British Columbia’s top court sides with provincial regulator in newsletter case
- By: James Langton
- January 11, 2016 December 19, 2017
- 15:10
SEC announces 2016 compliance priorities
New areas of focus include ETFs, variable annuities and liquidity controls
- By: James Langton
- January 11, 2016 December 19, 2017
- 14:20
Central bankers endorse revised market risk framework
The Basel Committee’s oversight body also discussed the final design and calibration of the leverage ratio
- By: James Langton
- January 11, 2016 December 19, 2017
- 14:00
ESMA, provincial regulators sign co-op agreements on central counterparties
Terms include the sharing of information
- By: James Langton
- January 7, 2016 December 19, 2017
- 13:00
OBSI facing independent review
The purpose of the evaluation is to determine whether OBSI is fulfilling its obligations as a dispute resolution service for the investment industry
- By: James Langton
- January 6, 2016 December 19, 2017
- 13:15
FASB issues new guidance on financial assets
The aim is to provide investors with more useful information
- By: James Langton
- January 5, 2016 December 19, 2017
- 14:00
FINRA to focus on supervision, conflicts of interest in 2016
A letter from the U.S. self-regulatory organization highlights areas of concern
- By: James Langton
- January 5, 2016 December 19, 2017
- 11:30
CFTC approves proposed rule providing an alternative to fingerprinting for foreign nationals
Foreign nationals seeking CFTC registration would undergo a criminal background check
- By: James Langton
- January 4, 2016 December 19, 2017
- 17:15
IIROC looking for candidates for CDS board
Nomination will be considered in March
- By: James Langton
- January 4, 2016 December 19, 2017
- 16:40
CSA extends approval for CanPX
The firm’s approval as an information processor for corporate debt securities was set to expire on Dec. 31, 2015
- By: James Langton
- January 4, 2016 December 19, 2017
- 14:00
MaRS VX strengthens compliance systems
OSC extends exemption for impact investing portal
- By: James Langton
- December 24, 2015 December 19, 2017
- 11:00
CDCC proposes rule changes
The changes are intended to bring the rules in line with principles developed by global regulators
- By: James Langton
- December 23, 2015 December 19, 2017
- 13:40