OSC bans and fines three parties for role in illegal distribution
Portfolio Capital, David Rogerson and Amy Hanna-Rogerson were banned permanently and sanctioned for various infractions
- By: James Langton
- August 20, 2015 December 19, 2017
- 14:50
Latest news in From the Regulators
OSFI introduces draft guideline on operational risk management
The guideline calls for firms to integrate operational risk management fully within their overall risk-management programs
- By: James Langton
- August 20, 2015 December 19, 2017
- 13:40
Promontory Financial settles with New York regulator
Regulatory consulting firm to pay US$15M in settlement of Standard Chartered case
- By: James Langton
- August 19, 2015 December 19, 2017
- 10:30
Global regulators report on efforts to standardize reporting data on OTC derivatives
IOSCO, CPMI seek comments on consultative report
- By: James Langton
- August 19, 2015 December 19, 2017
- 10:00
BNY Mellon to pay US$14.8M to settle bribery case
Bank gave valuable internships to unqualified relatives of officials at a Middle Eastern sovereign wealth fund
- By: Marcy Gordon
- August 18, 2015 December 19, 2017
- 14:45
National securities regulator won’t pressure provinces to get onboard: chairman
William Black plans to travel to the non-participating provinces to “assure them that the door’s always open”
- By: Alexandra Posadzki
- August 18, 2015 December 19, 2017
- 14:45
OSC lays quasi-criminal charges on Waterloo woman
Following a settlement earlier this year, Michelle Dunk has been charged with alleged breaches of the Securities Act in a separate case
- By: James Langton
- August 17, 2015 December 19, 2017
- 11:15
OSC announces Investment Funds Product Advisory Committee members
The IFPAC advises OSC staff on product developments and innovations in the investment funds industry
- By: IE Staff
- August 17, 2015 December 19, 2017
- 10:15
FSCO aims to strengthen best practices for mortgage brokers
New checklist will help mortgage brokers detect and prevent fraud when conducting a mortgage transaction
- By: Fiona Collie
- August 13, 2015 December 19, 2017
- 11:30
CSA proposes harmonized reporting for the exempt market
The proposed report is intended to reduce the compliance burden for issuers and underwriters
- By: James Langton
- August 13, 2015 December 19, 2017
- 11:00
FCA outlines how it will apply accountability regime to U.K. branches of overseas banks
The new regime aims to ensure that senior managers can be held accountable for any misconduct that occurs on their watch
- By: James Langton
- August 13, 2015 December 19, 2017
- 10:45
Edward Jones to pay US$20M for overcharging clients in new muni bond sales
US$5.2 million will be distributed to clients, SEC says
- By: James Langton
- August 13, 2015 December 19, 2017
- 09:45
Banks need to improve internal capital planning efforts: OSFI
Federal regulator offers feedback on banks’ ICAAP submissions
- By: James Langton
- August 12, 2015 December 19, 2017
- 12:45
SEC fines ITG for allegedly trading against its own dark-pool customers
U.S. regulator levies record fine against alternative trading system
- By: James Langton
- August 12, 2015 December 19, 2017
- 08:50
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
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