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
Latest news in From the Regulators
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
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
Canadians charged in U.S. micro-cap scheme
SEC bars stock promoters from penny stock industry
- By: James Langton
- May 26, 2015 December 19, 2017
- 16:30
Deutsche Bank agrees to pay US$55M to SEC
Bank incorrectly valued derivatives
- By: James Langton
- May 26, 2015 December 19, 2017
- 11:55
Swiss regulator scrapping bonuses
Cooling off periods introduced on key staff who leave for the private sector
- By: James Langton
- May 25, 2015 December 19, 2017
- 14:30
OSC approves settlement with Livent exec
Eckstein can continue serving as an officer of the private company where he has worked for the past 12 years
- By: James Langton
- May 22, 2015 December 19, 2017
- 15:00
ASC bans Calgary man for illegal distributions
Chandran companies raised $39 million from more than 200 investors
- By: James Langton
- May 22, 2015 December 19, 2017
- 14:00
U.K. regulators to review competition in investment banking industry
Study will focus on choice, transparency, bundling and cross-subsidization in bond, share sales
- By: James Langton
- May 22, 2015 December 19, 2017
- 13:30
ESMA calls for revision to derivatives rules
The rules should no longer distinguish between over-the-counter and exchange-traded derivative transaction when calculating counterparty risk
- By: James Langton
- May 22, 2015 December 19, 2017
- 13:20
Fed proposals aim to help U.S. banks meet liquidity requirements
General obligation U.S. state and municipal bonds may quality as high-quality liquid assets
- By: James Langton
- May 21, 2015 December 19, 2017
- 14:20
CSA formalizes CRM2 relief for dealers
Parallel orders provide dealers until the end of the year to implement new requirements relating to market value, position cost and account statements
- By: James Langton
- May 21, 2015 December 19, 2017
- 10:00
Lawsky to leave post in June
New York’s first superintendent of financial services makes decision following massive global settlement with major banks
- By: James Langton
- May 20, 2015 December 19, 2017
- 15:15
SEC proposes new mutual fund reporting rules
Proposed rules aim to enhance the quality of information available to investors
- By: James Langton
- May 20, 2015 December 19, 2017
- 14:40
Banks fined almost US$6B
Multiple banks fined for FX and interest rate rigging
- By: James Langton
- May 20, 2015 December 19, 2017
- 11:50
MFDA bans former Ontario advisor
Windsor man misrepresented recommendations to clients, MFDA panel finds
- By: IE Staff
- May 19, 2015 December 19, 2017
- 15:15
OSC to consider settlement with former Livent exec
Eckstein previously pled guilty to fraud
- By: James Langton
- May 19, 2015 December 19, 2017
- 15:15
IIROC bans former Ontario rep
Numerous rule violations net $75,000 fine
- By: IE Staff
- May 18, 2015 December 19, 2017
- 12:00
OSC reciprocates ASC ban against trader
Gordon Mak is banned from trading, registration and relying on exemptions until 2020
- By: James Langton
- May 15, 2015 December 19, 2017
- 12:55
FINTRAC fines Montreal money service business
$20,780 penalty imposed on numbered company
- By: James Langton
- May 14, 2015 December 19, 2017
- 13:50
CSA to review CDS fee proposal
Proposed changes include “entitlement and corporate action event management” fees for issuers
- By: James Langton
- May 14, 2015 December 19, 2017
- 13:30
IIROC fines Winnipeg rep, branch manager
Pair sanctioned for KYC and supervisory failings
- By: IE Staff
- May 14, 2015 December 19, 2017
- 13:00
Provinces adopt startup crowdfunding exemption
Exemption designed to facilitate capital raising by very early-stage companies
- By: James Langton
- May 14, 2015 December 19, 2017
- 10:25
Global investor education leaders to gather in Malaysia
IOSCO, IFIE conference will feature speakers from 17 countries
- By: James Langton
- May 14, 2015 December 19, 2017
- 08:40