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
Latest news in From the Regulators
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
AMF issues warning on high-yield investments
Secret investment programs lure investors with promises of large returns
- By: James Langton
- March 19, 2014 December 19, 2017
- 12:30
Ontario life agent handed one-month ban
Superintendent rules agent banned by MFDA be supervised by another agent for 24 months
- By: James Langton
- March 19, 2014 December 19, 2017
- 10:05
Pro-Financial ordered to stop selling funds to new investors
Distribution of Pro-Index Funds to new investors to cease
- By: James Langton
- March 18, 2014 December 19, 2017
- 15:40
March 19 is Check Registration Day
CSA encourages investors to protect themselves from investment fraud
- By: IE Staff
- March 18, 2014 December 19, 2017
- 11:10
BCSC fines Quantum Materials CEO
U.S. tech company distributed securities despite a cease trade order from the regulator
- By: James Langton
- March 17, 2014 December 19, 2017
- 15:00
SEC charges Canadian man with fraud
U.S. regulator alleges “scalping” scheme raised US$1.9 million
- By: James Langton
- March 13, 2014 December 19, 2017
- 15:45
CSA adopts new exemption
Companies will be allowed to raise money from their existing shareholders without a prospectus
- By: James Langton
- March 13, 2014 December 19, 2017
- 15:20
Lionsgate to pay US$7.5 million to settle SEC charge
Firm admits to disclosure failings
- By: James Langton
- March 13, 2014 December 19, 2017
- 12:25
SEC proposes new rules to safeguard clearing agencies
Agencies would be subject to new requirements regarding their financial risk management, operations, governance, and disclosure
- By: James Langton
- March 12, 2014 December 19, 2017
- 14:20
ASC panel declines to reciprocate OSC order
Panel cites lack of evidence in order against Richard Moore
- By: James Langton
- March 12, 2014 December 19, 2017
- 09:05
IIROC: Levelling the playing field
The self regulatory organization seeks comments on the concept of lower minimum capital requirements
- By: James Langton
- March 11, 2014 December 19, 2017
- 15:20
Montreal rep fined for off-book activities
Rep lied to his dealer when questioned about his outside business activities
- By: IE Staff
- March 11, 2014 December 19, 2017
- 15:00
FINRA warns of bitcoin fraud
Alert outlines risks surrounding digital currencies
- By: James Langton
- March 11, 2014 December 19, 2017
- 12:55
OSC proceeding with no contest settlements
Four new initiatives intended to strengthen and speed up enforcement
- By: James Langton
- March 11, 2014 December 19, 2017
- 11:00