Scotia Capital to pay $500,000 IIROC penalty
DWM Securities advisors sold exempt funds to hundreds of clients who didn’t qualify for a prospectus exemption
- By: James Langton
- August 11, 2015 December 19, 2017
- 14:55
Latest news in From the Regulators
Hackers charged in multi-million dollar insider trading scheme
U.S. authorities accuse group of profiting on hacked press releases
- By: James Langton
- August 11, 2015 December 19, 2017
- 12:55
La Terra corporations admit to violating Alberta securities laws
Two directors fined
- By: IE Staff
- August 10, 2015 December 19, 2017
- 13:00
SEC warns fraudsters are impersonating the regulator
The fake documents purporting to be from the U.S. regulator demand money from victims for fictitious securities law violations
- By: James Langton
- August 7, 2015 December 19, 2017
- 14:55
BCSC fines and bans man for role in Ponzi scheme
The fact Keith Henry Alexander lost his own money in the scheme and paid back $143,000 to other investors were mitigating factors in the settlement
- By: James Langton
- August 6, 2015 December 19, 2017
- 15:00
MFDA permanently bans and fines three advisors
Although all three advisors were found to have conducted improper outside business, two were noted for their failure to co-operate with the regulator
- By: James Langton
- August 6, 2015 December 19, 2017
- 11:05
SEC reveals new rules for swaps
U.S. regulator aims to protect investors and enhance integrity of the market
- By: James Langton
- August 5, 2015 December 19, 2017
- 16:15
U.S. publicly traded firms will soon have to compare CEO pay to that of the average employee
Companies will be permitted to select the methodology for identifying their median employee and for calculating that employee’s compensation
- By: James Langton
- August 5, 2015 December 19, 2017
- 15:55
Promontory to appeal NYDFS regulatory action
The firm has been prohibited from receiving confidential supervisory information
- By: James Langton
- August 5, 2015 December 19, 2017
- 08:55
FINRA sanctions Aegis Capital, executive and top compliance officials
Alleged unregistered penny stock sales and violations of anti-money laundering rules stemmed from supervisory failures
- By: James Langton
- August 4, 2015 December 19, 2017
- 10:50
SEC lays charges in US$114 million Ponzi scheme with Montreal links
A settlement was reached with Allan Voight and his firms, including injunctions and civil penalties
- By: James Langton
- August 4, 2015 December 19, 2017
- 10:40
Canadian charged with securities fraud in U.S.
SEC reveals alleged scheme to conceal ownership of microcap company
- By: James Langton
- August 4, 2015 December 19, 2017
- 09:10
U.K. policy-makers launch sweeping review of financial advice
The review will look for ways to make financial advice work better for consumers and fill the so-called “advice gap”
- By: James Langton
- August 4, 2015 December 19, 2017
- 08:55
FINRA names new governors
U.S. regulator holds annual general meeting
- By: James Langton
- July 30, 2015 December 19, 2017
- 16:15
IOSCO review finds variation among investor disclosure requirements
More research needed to determine whether this creates a cause for concern among regulators
- By: James Langton
- July 30, 2015 December 19, 2017
- 15:25
OSFI proposes revisions to MCCSR Guideline for life insurers
Proposals out for comment until Sept. 4
- By: James Langton
- July 30, 2015 December 19, 2017
- 15:00
NSSC approves settlement with Quadrus
Firm failed to properly supervise mutual fund rep
- By: James Langton
- July 30, 2015 December 19, 2017
- 14:40
IOSCO reports progress on derivatives market reforms
Many jurisdictions are still in the process of amending their regimes
- By: James Langton
- July 29, 2015 December 19, 2017
- 11:40
FCA finds firms still failing to fully manage benchmark risks
Progress has been uneven across the industry
- By: James Langton
- July 29, 2015 December 19, 2017
- 09:00
IOSCO report outlines strategic direction to 2020
Global securities regulators to tackle emerging issues
- By: James Langton
- July 28, 2015 December 19, 2017
- 15:25
U.S. regulators give first feedback to banks on “living wills”
Plans from AIG, Prudential need more detail, agencies say
- By: James Langton
- July 28, 2015 December 19, 2017
- 14:15
FCA issues guidance to protect customers from “performance management”
The U.K. regulator has uncovered instances of poor practices at financial firms that can drive mis-selling because of pressure to meet targets
- By: James Langton
- July 27, 2015 December 19, 2017
- 12:55
FINRA fines Goldman Sachs unit US$1.8M for trade reporting failures
The firm settled the allegations without admitting or denying the charges
- By: James Langton
- July 27, 2015 December 19, 2017
- 10:35
Unregistered trading leads to ASC suspension
Blain Russell Kennedy was the second Alberta man to plead guilty in the distribution of Lucid Group securities
- By: James Langton
- July 24, 2015 December 19, 2017
- 14:50
Reforms to OTC derivatives markets remain a work in progress
A new FSB report says certain reforms are more advanced than others
- By: James Langton
- July 24, 2015 December 19, 2017
- 14:40