Montreal advisor fined $20,000
Advisor made off-book transaction and failed to inform her firm of outside business activities
- By: Fiona Collie
- June 17, 2013 December 19, 2017
- 09:50
Latest news in From the Regulators
OSC creates new crime unit
New unit will focus on the investigation and prosecution of criminal violations of securities laws
- By: James Langton
- June 14, 2013 December 19, 2017
- 14:00
Former fund salesmen denied appeal
Ontario court dismisses an appeal from two former salesmen to overturn an OSC decision denying them registration
- By: James Langton
- June 14, 2013 December 19, 2017
- 13:45
B.C. rep sanctioned for illegal distribution of securities
Dealing representative illegally sold partnership agreements to investors
- By: IE Staff
- June 14, 2013 December 19, 2017
- 13:00
IIROC firms must update personal dealings and outside business rules
Firms have until December 2013 to apply changes to rules related to prohibited personal financial dealings and permissible outside business activities
- By: IE Staff
- June 13, 2013 December 19, 2017
- 13:20
CSA amends fund disclosure rules
Fund companies must use Fund Facts document instead of a simplified prospectus but point-of-sale disclosure is still on hold
- By: James Langton
- June 13, 2013 December 19, 2017
- 12:05
ASC reciprocates bans made by BCSC
The ASC has reciprocated bans against two individuals who traded securities without registration
- By: IE Staff
- June 13, 2013 December 19, 2017
- 11:00
Issuers must improve forward-looking information disclosures: OSC
OSC reviews find that only 47% of reporting issuers clearly identify entity-specific forward-looking information
- By: James Langton
- June 13, 2013 December 19, 2017
- 09:45
FSCO issues warning on auto insurance scam
CC&B Group Inc. and Serafattin Solak are not licensed to do insurance business in Ontario
- By: IE Staff
- June 12, 2013 December 19, 2017
- 14:30
U.S. regulators warn investors about ‘pump-and-dump’ schemes
Steep rise in spam email linked to schemes designed to trick unsuspecting investors
- By: James Langton
- June 12, 2013 December 19, 2017
- 13:45
Former Edmonton rep fined $100,000
Ex-registered rep made unsuitable recommendations and unauthorized discretionary trades for a client
- By: Fiona Collie
- June 12, 2013 December 19, 2017
- 10:55
OSC to host ‘best interest’ duty panel
Discussion designed to reflect the diversity of views held by investors and the advisors
- By: James Langton
- June 11, 2013 December 19, 2017
- 23:55
FINRA warns investors on alternative mutual funds
Many alt funds have limited performance histories, and investors should understand the strategies and risks of any fund they are considering
- By: James Langton
- June 11, 2013 December 19, 2017
- 18:00
British regulator fines retail firm under new client asset penalties
Financial Conduct Authority levies first fine under new penalty regime
- By: James Langton
- June 11, 2013 December 19, 2017
- 10:00
OSC bans man sanctioned by BCSC for fraud
Reciprocal bans placed on Michael Shantz, Canada Pacific
- By: James Langton
- June 10, 2013 December 19, 2017
- 16:05
OSC: Introducing a best interest standard for advisors and dealers
Eleanor Farrell, director, Office of the Investor, Ontario Securities Commission, discusses the consultation paper on the introduction of a statutory best interest standard for advisors…
- By: Eleanor Farrell
- June 10, 2013 December 19, 2017
- 13:00
ASC sanctions Calgary man for market manipulation
David De Gouveia fined $75,000 for creating an artificial price for shares of Magellan Minerals
- By: IE Staff
- June 7, 2013 December 19, 2017
- 14:00
IIROC fines Ontario rep $35,000
RBC DS rep failed to use proper due diligence in recommending investment product to client
- By: Fiona Collie
- June 7, 2013 December 19, 2017
- 13:20
SEC charges California firm and fund manager with insider trading
Whittier Trust and Victior Dosti agree to pay US$1.7 million to settle the charges
- By: James Langton
- June 7, 2013 December 19, 2017
- 13:00
OSFI head warns P&C insurers about taking on extra risks
The prevailing low interest rate environment may drive companies to enter new lines of business
- By: James Langton
- June 7, 2013 December 19, 2017
- 09:00
Equity Star added to NBSC caution list
The firm is not registered to sell investments in New Brunswick
- By: James Langton
- June 7, 2013 December 19, 2017
- 06:30
OSFI issues FX settlement risk advisory
Advisory sets out expectations with respect to the management of foreign exchange settlement risk by banks
- By: James Langton
- June 6, 2013 December 19, 2017
- 16:00
Former fund salesman allegedly defrauded hundreds: BCSC
Over 400 clients invested roughly $65 million in exempt market securities on the advice of David Michaels, according to the regulator’s notice of hearing
- By: Fiona Collie
- June 6, 2013 December 19, 2017
- 15:45
European regulators take aim against rate rigging
Report sets out principles designed to address the problems identified with benchmark-setting processes
- By: James Langton
- June 6, 2013 December 19, 2017
- 15:00