Former fund salesman fined for falsifying client documents
Smilestone prohibited from conducting securities related business for two years
- By: Fiona Collie
- January 9, 2013 January 9, 2013
- 11:15
Latest news in From the Regulators
FINRA fines total US$68 billion in 2012
U.S. regulator sees increase in disciplinary cases
- By: James Langton
- January 9, 2013 January 9, 2013
- 08:00
OSFI to designate systemically important banks soon
Regulator expects to make announcement within a few months
- By: James Langton
- January 8, 2013 January 8, 2013
- 15:15
IIROC eyes use of titles and designations by reps
Regulator proposes best practices so investors aren’t misled
- By: James Langton
- January 8, 2013 January 8, 2013
- 14:00
OSC bans man for “predatory” behavior
Unregistered trader purchased Electrolinks shares for one cent and then sold them to investors at 65 to 85 times that amount
- By: James Langton
- January 7, 2013 January 7, 2013
- 12:30
Basel liquidity standards for banks eased
Revisions endorsed on the weekend by oversight body
- By: James Langton
- January 7, 2013 January 7, 2013
- 10:15
MFDA proposes changes to branch manager rules
Proposed amendments would allow for flexible approach to supervision
- By: James Langton
- January 4, 2013 January 4, 2013
- 15:00
BCSC proposes revoking Northwest exemption
Lack of compliance leads regulator to propose scraping of EMD registration exemption
- By: James Langton
- January 3, 2013 January 3, 2013
- 14:25
U.S. brokerage fined over pricing of mutual fund orders
FINRA orders Pruco Securities to pay US$10.7 million
- By: James Langton
- January 2, 2013 January 2, 2013
- 10:00
SEC approves new rules regarding lost holders of securities
Broker-dealers required to conduct searches for holders of securities with whom they have lost contact
- By: James Langton
- December 24, 2012 December 24, 2012
- 08:20
Teacher accused of unregistered trading and advising
OSC schedules hearing for futures trading school operator
- By: James Langton
- December 21, 2012 December 21, 2012
- 17:30
Provinces adopt new offering memorandum exemption
New relief aims to help early stage companies raise capital
- By: James Langton
- December 21, 2012 December 14, 2017
- 11:00
OSC trims fee hike
In response to industry complaints, proposed increases for registrants and issuers have been scaled back
- By: James Langton
- December 20, 2012 December 20, 2012
- 16:40
ASC eases offering memorandum exemption requirements
Blanket order provides relief from certain financial statement-related requirements
- By: James Langton
- December 20, 2012 December 20, 2012
- 16:35
NBSC cease trades alleged boiler rooms
Crainshaw and Osbourne have not responded to the allegations
- By: James Langton
- December 20, 2012 December 20, 2012
- 13:30
IIROC to ease electronic distribution of research reports
Readers to be directed to required disclosures through embedded links
- By: James Langton
- December 20, 2012 December 20, 2012
- 11:45
Pair must post $20,000 to appeal OSC decision
Court finds New Life appeal ‘frivolous and vexatious’
- By: James Langton
- December 19, 2012 December 19, 2012
- 18:20
IIROC issues guideline on sale of PPNs
Reps with bank-owned dealers must sell PPNs through the investment dealer not the financial institution
- By: James Langton
- December 19, 2012 December 19, 2012
- 14:30
OSC approves litigation assistance program
Volunteer counsel provide legal services to self-represented respondents
- By: James Langton
- December 19, 2012 December 19, 2012
- 12:00
SEC sanctions Biremis co-founders
Peter Beck and Charles Kim to pay US$500,000 civil fine
- By: James Langton
- December 19, 2012 December 19, 2012
- 11:30
Regina rep fined $30,000 for suitability failures
Retired client with limited investment knowledge invested in higher risk securities
- By: IE Staff
- December 18, 2012 December 18, 2012
- 14:00
Forex trading scheme a fraud, OSC panel rules
New Found Freedom Financial to face penalty hearing in 2013
- By: James Langton
- December 18, 2012 December 18, 2012
- 13:00
OSC extends stay of penalties against Northern Securities execs
Hearing and review of IIROC decision scheduled for mid-February
- By: James Langton
- December 17, 2012 December 17, 2012
- 14:50
OSC staff disclosure ruled “adequate” in insider trading case
Motion to improve disclosure and confidentiality motion dismissed
- By: IE Staff
- December 17, 2012 December 17, 2012
- 14:00