ESMA sanctions DBRS
Credit rating agency failure to comply with corporate governance, compliance and record-keeping requirements under European rules
- June 29, 2015 December 19, 2017
- 08:40
Latest news in From the Regulators
IOSCO mulls revised standards for investment fund fees and expenses
Consultation paper proposes an updated set of international best practices
- By: James Langton
- June 25, 2015 December 19, 2017
- 14:45
Fund managers should stress-test portfolios: OSC
Tests should include scenarios that exceed funds’ past redemption experience
- By: James Langton
- June 25, 2015 December 19, 2017
- 13:00
Exempt-market issuers not reporting compensation: CSA
Regulators outline several deficiencies, including irregularities involving the minimum-amount exemption
- By: James Langton
- June 25, 2015 December 19, 2017
- 10:50
CSA streamlines disclosure requirements for foreign private placements
New amendments are intended to provide sophisticated investors access to a broader range of investment opportunities
- By: James Langton
- June 25, 2015 December 19, 2017
- 10:30
U.K. regulator calls for more effective communications
Discussion paper challenges financial firms to use more innovative methods of engaging with consumers
- By: James Langton
- June 25, 2015 December 19, 2017
- 09:20
OSC bans two for insider trading
Four sanctioned in complex case involving advance knowledge of several corporate mergers
- By: James Langton
- June 25, 2015 December 19, 2017
- 08:30
BCSC issues lifetime ban against blogger for fraud
B.C. man also traded without registration
- By: James Langton
- June 24, 2015 December 19, 2017
- 15:00
Greater flexibility on insider order marking
New guidance from IIROC allows firms two ways of complying with their obligation to mark orders from insiders
- By: James Langton
- June 24, 2015 December 19, 2017
- 14:00
OSC overrules IIROC hearing panel decision
An investment advisor has been suspended for two years after IIROC staff appealed the decision to the OSC
- By: James Langton
- June 24, 2015 December 19, 2017
- 13:15
Canadian arrested in U.S. for role in alleged schemes
Gregg Mulholland is alleged to have controlled a group of individuals who devised three interrelated fraudulent schemes
- By: James Langton
- June 24, 2015 December 19, 2017
- 10:45
CE requirement for mutual fund reps closer to reality
The MFDA is seeking feedback on a variety of areas that may be included as part of a new, mandated CE requirement
- By: Jade Hemeon
- June 23, 2015 December 19, 2017
- 13:10
OSC weighs in on peer-to-peer lending websites
Operations that offer such services should be mindful of whether a loan arrangement is considered a security by law
- By: Fiona Collie
- June 19, 2015 December 19, 2017
- 10:35
National regulator a key strategic priority for the OSC
As part of the provincial regulator’s priorities, it also intends to research how embedded commissions may affect advisor behaviour in the coming year
- By: Fiona Collie
- June 18, 2015 December 19, 2017
- 14:50
CSA proposes simplified disclosure document for ETFs
ETF Facts would be similar to the Fund Facts document that must be provided to clients who purchase mutual funds
- By: Jade Hemeon
- June 18, 2015 December 19, 2017
- 11:30
Global Maxfin reaches settlement with MFDA
Owner Issam El-Bouji to pay fine of $25,000 plus costs
- By: Fiona Collie
- June 17, 2015 December 19, 2017
- 17:00
SEC targeting online competitions using security-based swaps
U.S. regulator is warning investors about fantasy stock trading websites that may violate federal securities laws
- By: James Langton
- June 17, 2015 December 19, 2017
- 13:40
SEC charges firm, Canadian owner
U.S. regulator alleges Interinvest and Hans Peter Black funneled client assets into four stocks without disclosing Black’s interest in those companies
- By: James Langton
- June 17, 2015 December 19, 2017
- 12:45
IOSCO steps back from determining asset managers as too big to fail
The organization is also adopting a new strategic direction focused on reinforcing its position as the centre of global regulatory policy
- By: James Langton
- June 17, 2015 December 19, 2017
- 11:10
IOSCO report targets the prevention of misconduct
Regulators in emerging and developed markets should consider integrating credible deterrence into their enforcement strategies
- By: James Langton
- June 17, 2015 December 19, 2017
- 09:25
FCA seeks to encourage innovation in financial services
The British regulator is seeking input on rules and policies that may be stifling the provision of financial services through digital and mobile
- By: James Langton
- June 17, 2015 December 19, 2017
- 09:15
BCSC settles insider-trading allegations
Peter Kellogg and a controlling company should have begun filing reports of their ownership stake in MFC in 1999
- By: James Langton
- June 16, 2015 December 19, 2017
- 16:25
IIROC begins publishing enhanced data
New report from the SRO provides market share statistics by listing market as well as data on intentional crossing activity
- By: James Langton
- June 16, 2015 December 19, 2017
- 16:20
U.S. regulators revise rules for largest banks
The revisions are designed to correct and update certain important aspects of the rules that apply to large, internationally active banks
- By: James Langton
- June 16, 2015 December 19, 2017
- 12:45
ESMA to shift focus to enforcement in years ahead
European regulator is targeting three key objectives as part of its shift: investor protection, ensuring market integrity and financial stability
- By: James Langton
- June 16, 2015 December 19, 2017
- 07:10