Latest news in From the Regulators

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MFDA bans, fines David Karas

Advisor failed to represent properly or explain adequately the risks associated with leveraged investment recommendations made to 18 clients

By: Tessie Sanci
June 2, 2015 December 19, 2017
11:50

Amaya confirms AMF conducting investigation

The Quebec regulator has not filed any charges

By: James Langton
June 1, 2015 December 19, 2017
16:30

Reporting of inter-affiliate derivatives transactions by end-users on hold: OSC

Regulator contemplates possible changes to derivatives reporting rules

By: James Langton
June 1, 2015 December 19, 2017
15:40

Insurance regulators sign MOU to share industry conduct information

The agreement will result in more consistent handling of consumer complaints, more effective risk surveillance and greater collaboration in addressing market conduct issues

By: Megan Harman
June 1, 2015 December 19, 2017
14:40

Investors urged to plan for financial decisions as they age

Bulletin aims to help investors understand the potential impact of a diminished ability to make decisions

By: James Langton
June 1, 2015 December 19, 2017
14:10

FINRA brings transparency to asset-backed securities market

Investors now have access to post-trade price information

By: James Langton
June 1, 2015 December 19, 2017
13:20

OSC announces agenda for whistleblower roundtable

The roundtable will take place on June 9 in Toronto

By: James Langton
June 1, 2015 December 19, 2017
09:00

Advance-fee scams target non-U.S. investors: FINRA

Scammers using fake regulator web sites and false broker identities

By: James Langton
May 29, 2015 December 19, 2017
14:15

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BCSC report flags improper use of personal corporations

2015 Compliance Report Card lists top five deficiencies

By: James Langton
May 29, 2015 December 19, 2017
13:40

Unregistered binary option platforms target Edmonton area: ASC

The Alberta securities regulator has received multiple complaints

By: Geoff Kirbyson
May 29, 2015 January 21, 2018
11:20

Tougher rules for foreign exchange dealers proposed

U.S. proposals designed to minimize major losses

By: James Langton
May 29, 2015 December 19, 2017
09:50

EU derivatives markets becoming more transparent: ESMA

Harmonized data has been made available since April on open positions, trade volume and values broken down by derivative class, type and trade type

By: James Langton
May 29, 2015 December 19, 2017
09:00

SEC charges two Canadians with conducting market manipulation schemes

Both men have pled guilt to fraud charges and will be sentenced in U.S. court in June

May 29, 2015 December 19, 2017
08:30

FCA reintroduces capital requirements for advisory firms

U.K. proposals meant to ensure firms can handle routine losses and meet claims for client redress

By: James Langton
May 28, 2015 December 19, 2017
14:00

OSC, OSFI announce cooperative arrangement

Regulators to work together to monitor banks’ compliance with derivatives data reporting

By: James Langton
May 28, 2015 December 19, 2017
12:00

Head of FINRA favours a best interest standard on U.S. brokers

But new standard must be created under U.S. securities laws for several reasons, says CEO of U.S. SRO

By: James Langton
May 27, 2015 December 19, 2017
14:30

European unbundling reforms could have significant impact

A modest decrease in commissions or broker trading revenue could effect the sell-side provision of research

By: James Langton
May 27, 2015 December 19, 2017
11:15

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FSCO to conduct review of insurance advisors

The Ontario regulator aims to verify that insurance agents are meeting their licensing requirements, have valid E&O insurance and are completing their CE credits

By: Megan Harman
May 27, 2015 December 19, 2017
08:40