OSC permanently bans convicted fraudster
Arvind Sanmugam pled guilty to fraud in 2012
- By: James Langton
- March 31, 2014 December 19, 2017
- 15:50
Latest news in From the Regulators
FSCO plans suitability review
Draft statement of priorities includes a pledge to undertake product suitability reviews of life insurance and mortgage broker products
- By: James Langton
- March 31, 2014 December 19, 2017
- 14:15
Derivatives regulators give update on cross-border reforms
Report identifies the current list of remaining cross-border implementation issues, and a timetable for addressing them
- By: James Langton
- March 31, 2014 December 19, 2017
- 11:25
OSFI beefs up disclosure rules for big banks
Advisory clarifies the implementation in Canada of framework for global systemically important banks
- By: James Langton
- March 31, 2014 December 19, 2017
- 11:10
More OSC staff land on ‘sunshine list’
Chairman’s pay stays flat at $715,000
- By: James Langton
- March 28, 2014 December 19, 2017
- 15:00
SEC freezes assets of alleged Ponzi scheme
New Brunswick and Quebec regulators had previously warned investors about WCM and WCM777
- By: James Langton
- March 28, 2014 December 19, 2017
- 14:40
IIROC mulls guidance on best execution
Survey flags a number of concerns with dealers’ practices
- By: James Langton
- March 28, 2014 December 19, 2017
- 12:30
OSC bans analyst
Regulator says independent analyst had undisclosed financial interests in some of the companies that she covered
- By: James Langton
- March 28, 2014 December 19, 2017
- 09:30
MFDA bolsters enforcement
2013 enforcement report shows an increase in investigations, hearings and sanctions
- By: James Langton
- March 27, 2014 December 19, 2017
- 16:15
Dealers need to better align industry and investor interests
The goal of ensuring the industry puts client interests first has been at the heart of recent reforms, says IIROC CEO
- By: James Langton
- March 27, 2014 December 19, 2017
- 16:00
Wiretaps an effective tool, Wetston says
Wiretaps would be used for gathering evidence of insider trading and tipping
- By: Fiona Collie
- March 27, 2014 December 19, 2017
- 15:20
CFTC, Canadian regulators enhance cross-border supervision
Four provinces sign MOU with U.S. derivatives regulator
- By: James Langton
- March 27, 2014 December 19, 2017
- 11:30
CSA proposes pre-sale delivery of Fund Facts
The aim is to help investors make more informed decisions by them key information about a mutual fund
- By: James Langton
- March 26, 2014 December 19, 2017
- 10:30
British regulator fines Spanish bank’s UK unit for poor advice
Santander UK fined $22.9 million by Financial Conduct Authority
- By: James Langton
- March 26, 2014 December 19, 2017
- 08:15
OSFI focused on ‘three lines of defense’
Federal banking regulator must provide proper oversight of the business, risk management and internal audit, deputy superintendent says
- By: James Langton
- March 25, 2014 December 19, 2017
- 13:20
Israeli bank settles with OSC over unregistered trading
Bank Leumi agrees to pay $500,000
- By: James Langton
- March 25, 2014 December 19, 2017
- 10:00
BCSC settlement inadvertently cease trades U.S. company’s shares
A misinterpretation of an order by the CSA caused a ban on the trading of shares of Quantum Materials
- By: James Langton
- March 25, 2014 December 19, 2017
- 09:00
Bank of Canada moves to strengthen financial benchmarks
Deputy governor says the changes are intended to bolster governance
- By: James Langton
- March 24, 2014 December 19, 2017
- 12:55
IIROC aims to improve transparency for titles and designations
Guidance stresses that titles that convey expertise in seniors’ issues or retirement planning should face particular scrutiny
- By: James Langton
- March 24, 2014 December 19, 2017
- 11:20
Canadian fined US$2.3 million over forex Ponzi scheme
U.S. court orders Patrick Cole and Global Strategic Marketing to pay disgorgement and penalties
- By: James Langton
- March 24, 2014 December 19, 2017
- 09:30
MFDA looking for PAC candidates
Senior compliance staff from fund dealers invited to serve on policy advisory committee
- By: James Langton
- March 21, 2014 December 19, 2017
- 14:20
OSC launches fewer enforcement cases in 2013
Fraud remains the biggest source of cases against individuals
- By: James Langton
- March 21, 2014 December 19, 2017
- 13:45
OSC proposes four new prospectus exemptions
Exemptions intended to help firms raise capital, while protecting investors
- By: James Langton
- March 20, 2014 December 19, 2017
- 11:25
Provinces choose different paths to equity crowdfunding
Five provinces propose two exemptions, while B.C. and Ontario each propose only one
- March 20, 2014 December 19, 2017
- 11:00