Funds in fee-based accounts should not carry trailers, OSC says
Having trailing commissions embedded in a fee-based series is “potentially misleading for investors”
- By: James Langton
- November 27, 2014 December 19, 2017
- 14:20
Latest news in From the Regulators
CSA proposes harmonized approach to clearing agency requirements
The CSA and Bank of Canada have developed guidance to clarify new global standards in the Canadian context
- By: James Langton
- November 27, 2014 December 19, 2017
- 13:20
OSC adopts prospectus exemption for existing shareholders
Regulator promises to act early next year on other proposed exemptions
- November 27, 2014 December 19, 2017
- 13:00
CSA proposes significant changes to rights offering regime
Amendments aim to create streamlined prospectus exemption for rights offerings
- By: James Langton
- November 27, 2014 December 19, 2017
- 09:30
UK mulls regulatory framework for insurance execs
The Prudential Regulation Authority says there should be similar standards for executives at both insurers and banks
- By: James Langton
- November 26, 2014 December 19, 2017
- 15:00
OSC integrating Investor Education Fund with Office of the Investor
The combined operations will be rebranded as the Office of Investor Policy, Education and Outreach
- By: James Langton
- November 26, 2014 December 19, 2017
- 12:40
Industrial Alliance Securities fined $50,000
IIROC fines firm for failing to adequately supervise rep
- By: Fiona Collie
- November 26, 2014 December 19, 2017
- 11:15
IOSCO consults on cross-border regulation
Global regulators seek ways to avert rule disputes
- By: James Langton
- November 25, 2014 December 19, 2017
- 17:15
OSC, Competition Bureau teaming up to fight fraud
Agreement intended to ease cooperation on investigations, litigation
- By: James Langton
- November 25, 2014 December 19, 2017
- 14:15
Former Osler CFO charged with unregistered trading
Lenny Gaudet alleged to have sold shares in Intrinsic Minerals to four Ontario investors despite trading ban
- By: James Langton
- November 25, 2014 December 19, 2017
- 11:30
MFDA approves wording for IPC coverage disclosure
The disclosure will be required to be included on client account statements as of July 15, 2014
- By: James Langton
- November 25, 2014 December 19, 2017
- 09:50
OSFI updates guidance on bank leverage ratio disclosure
Domestic systemically important banks (D-SIBs) must fully implement the new leverage ratio disclosures starting with their reporting for the first quarter of 2015
- By: James Langton
- November 24, 2014 December 19, 2017
- 16:00
OSC charges woman with unregistered trading
The former hospital work is alleged to have sold maternity patient information to a RESP reps
- By: James Langton
- November 24, 2014 December 19, 2017
- 14:25
UK review finds conflicts with proprietary products
Not all firms monitor the level of proprietary products in customer portfolios, FCA finds
- By: James Langton
- November 24, 2014 December 19, 2017
- 12:40
FINRA fines Citigroup US$15M for analyst supervision lapses
Regulator says disciplinary measures weren’t severe enough to deter repeat violations
- By: James Langton
- November 24, 2014 December 19, 2017
- 11:35
FINTRAC working to ensure compliance
The anti-money laundering agency imposed monetary penalties in 16 cases in 2013-14
- By: James Langton
- November 21, 2014 December 19, 2017
- 17:15
SEC suspends trading in four Ebola-related companies
U.S. regulator warns investors about Ebola-related scams
- By: James Langton
- November 21, 2014 December 19, 2017
- 11:00
B.C. woman illegally advised on purchase of securities
Former registrant recommended investor purchase exempt market securities
- By: IE Staff
- November 20, 2014 December 19, 2017
- 16:25
SEC approves rules to strengthen market tech infrastructure
Rules aim to reduce the occurrence of technology issues and improve the U.S. securities industry’s resilience
- By: James Langton
- November 20, 2014 December 19, 2017
- 14:00
Investors warned about high-yield investment programs
NASAA says the programs are Ponzi schemes sold by unlicensed individuals
- By: James Langton
- November 20, 2014 December 19, 2017
- 13:30
Former rep fined $50,000
The misdeeds included inflating the net worth of some clients so they could qualify for a leveraged investment strategy
- By: Fiona Collie
- November 20, 2014 December 19, 2017
- 12:00
IIROC staff teach students the basics of financial success
Ongoing Junior Achievement partnership supports youth financial literacy
- By: IE Staff
- November 19, 2014 December 19, 2017
- 11:50
Alberta proposes framework for reps to incorporate
Proposed changes intended to modernize and streamline province’s securities legislation
- By: James Langton
- November 19, 2014 December 19, 2017
- 10:15
SEC charges three penny-stock promoters
Pump-and-dump schemes touted stocks in supposedly independent newsletters
- By: James Langton
- November 17, 2014 December 19, 2017
- 16:00
FINRA proposes measures to boost bond market transparency
Additional pricing information would better enable retail investors to evaluate the cost and quality of services firms provide
- By: James Langton
- November 17, 2014 December 19, 2017
- 14:45