Advisor fined, prohibited from “securities-related business” for three years
MFDA sanctions against Ed Rempel relate to a complaint over leveraged investing
- By: Tessie Sanci
- November 4, 2015 December 19, 2017
- 13:00
Latest news in From the Regulators
Ontario appeal court refuses to hear Alboini penalty appeal
IIROC ordered sanctions against Northern Securites and its CEO in 2012
- By: James Langton
- November 4, 2015 December 19, 2017
- 12:45
Cyber extortion attempts against financial firms are on the rise
Firms should have effective business continuity plans to respond to this type of cyber attack
- By: James Langton
- November 4, 2015 December 19, 2017
- 09:50
Client’s personality plays a role in investment process
New BCSC study finds that advisors have a role in encouraging good investment behaviour among their clients
- By: Fiona Collie
- November 3, 2015 December 19, 2017
- 17:15
FSB updates list of banks “too big to fail”
Global regulators launch new measures to promote resolvability, including effective cross-border resolution
- By: James Langton
- November 3, 2015 December 19, 2017
- 11:20
MFDA IPC pays out $7 million in WHS claims
The contingency fund for the Canadian mutual fund dealer industry is aiming to boost its reserves to $50 million over the next several years
- By: James Langton
- November 3, 2015 December 19, 2017
- 10:55
ASC proposes changes to fee schedule
Annual fees would rise for registered firms and reps
- By: James Langton
- November 2, 2015 December 19, 2017
- 14:45
Directors suggest ways to improve OSFI’s effectiveness
Regulator should refrain from always being among the first to adopt new international regulatory standards
- By: James Langton
- November 2, 2015 December 19, 2017
- 14:30
PIABA sounds alarm over merging arbitration arm back into FINRA
Proposed rule change would be a huge step backward, says PIABA president
- By: James Langton
- November 2, 2015 December 19, 2017
- 13:00
FINRA chief to retire next year
Rick Ketchum’s stewardship of the U.S. self-regulatory organization began in the aftermath of the financial crisis
- By: James Langton
- October 30, 2015 December 19, 2017
- 13:15
OSC introduces Investor Office
The new office will lead the commission’s efforts in investor education, and advocate for investor protection
- By: James Langton
- October 30, 2015 December 19, 2017
- 09:15
Woman charged with breaching OSC 15-year trading ban
The charges follow an investigation by the OSC’s Joint Serious Offences Team
- By: James Langton
- October 30, 2015 December 19, 2017
- 09:00
Sask. regulator warns seniors of investment scams
30% of the investment fraud claims that reach the FCAA’s securities enforcement branch come from seniors
- By: James Langton
- October 29, 2015 December 19, 2017
- 15:00
OSC bans, fines First Leaside duo
Former executives David Phillips and John Wilson get $18 million penalty for fraud
- By: James Langton
- October 29, 2015 December 19, 2017
- 14:40
IIROC debt market regulation fee model takes effect Nov. 1
Fees will finance debt market oversight efforts
- By: James Langton
- October 29, 2015 December 19, 2017
- 11:20
Ontario to introduce OM exemption
Several other provinces will revise their OM exemption with a focus on strengthening investor protector
- By: James Langton
- October 29, 2015 December 19, 2017
- 10:35
Euro area banks move toward a “more traditional banking model”
Although the banking sector’s total assets dropped since the global financial crisis, they have improved capital positions
- By: James Langton
- October 29, 2015 December 19, 2017
- 09:00
Goldman to pay US$50M for not supervising banker
Firm revises by-laws to grant shareholders proxy access
- By: James Langton
- October 29, 2015 December 19, 2017
- 08:50
OSC hikes whistleblower payout limit to $5 million
Comments on the proposed policy are due by Jan. 12, 2016
- By: James Langton
- October 28, 2015 December 19, 2017
- 11:00
FINRA orders US$18M in restitution for overcharged clients
Five U.S. brokerage firms failed to waive mutual fund sales charges for charities and retirement accounts
- By: James Langton
- October 28, 2015 December 19, 2017
- 09:20
Assante fined $400K for failing to supervise branch properly
The branch in Red Deer, Alta., was staffed by former advisor Brian Malley, who was convicted of murdering a client earlier this year
- By: James Langton
- October 27, 2015 December 19, 2017
- 12:45
Contingency fund needed to cover investors’ losses, some argue
There’s much debate as to what the fund should cover, such as investment industry malfeasance, or a financial services firm’s insolvency
- By: James Langton
- October 27, 2015 December 19, 2017
- 10:20
DBRS to pay US$6 million to settle SEC charges
Credit rating agency charged with misrepresenting its surveillance methodology for ratings of certain complex financial instruments
- By: James Langton
- October 27, 2015 December 19, 2017
- 08:45
Australian equity markets not adversely affected by current levels of HFT, dark liquidity
ASIC publishes results of new reviews
- By: James Langton
- October 27, 2015 December 19, 2017
- 08:25