Karen McGuinness, sr. vice president, member regulation – compliance, Mutual Fund Dealers Association of Canada, discusses three initiatives of interest to advisors: CE requirements; proficiency…
Companies would have to present a whistleblowing report every year
The SRO is to begin collecting debt trading data from dealers in November
The new system is expected to reduce delays and increase convenience for those selling insurance products
Free seminars designed to help small public companies understand reporting requirements
Report examines regulators' efforts to provide stronger controls around credit ratings for structured finance instruments
But there is still room for improvement among smaller players, report says
But a hearing panel has imposed lower penalties after receiving direction from the Alberta Court of Appeal
Latour Trading charged with market structure rule violations
The request for a panel constituted of members whose mother tongue is English is “not recognized by law”
Configuration error found in new version of Series 24 supervisory exam
The charges stem from the illegal sale of Locate Technologies Inc. securities
The U.S. regulator says high quality information from whistleblowers is an essential part of its enforcement program
NASAA’s proposal, which is now out for a 30-day comment, was introduced at its annual conference in San Juan, Puerto Rico, on Tuesday
This is the province’s first sentence to be handed down in a “pump and dump” market manipulation case
Former plan members gain greater access to locked-in retirement accounts
Brokerage firm to pay US$4.25 million penalty
The new voluntary model calls for disclosure of brokerage fees that includes all miscellaneous account and service fees, including account maintenance fees.
Many issues need to improve the level and detail of disclosure that’s necessary to adhere to new requirements
However, allegations of fraud against Yong and his two firms were not proven at the BCSC’s hearing
The former Manulife advisor “lacks the necessary proficiency and integrity to be registered,” the OSC says
The settlement follows allegations that TeraExchange violated its own policies when it arranged a test trade that amounted to a wash trade
The amendments, which are effective Sept. 25, aim to ensure there’s a level playing field between Canada and the U.S.
Registration requirements are the same for all portfolio managers in Canada, whether they operate a traditional bricks and mortar model or an online model
The amendments aim to address concerns that issuers rarely use the prospectus-exempt rights offering to raise capital because of the time and cost involved