Edmonton rep made unsuitable recommendations: IIROC
Panel finds branch manager failed to properly supervise account
- By: Fiona Collie
- February 15, 2013 February 15, 2013
- 12:35
Latest news in From the Regulators
Basel issues guidance on settling FX transactions
Regulators aim to improve banks’ management of FX settlement-related risks
- By: IE Staff
- February 15, 2013 February 15, 2013
- 12:00
FINRA warns bond investors on interest rate risk
Investors should make sure they know their duration numbers
- By: James Langton
- February 15, 2013 February 15, 2013
- 08:00
IIROC targets five manipulative trading strategies
Dealers called on to implement policies to address, detect, prevent and report manipulative and deceptive activity
- By: James Langton
- February 14, 2013 February 14, 2013
- 14:25
ASC finds illegal insider trading of Eveready shares
Sanctions to be determined
- By: IE Staff
- February 14, 2013 February 14, 2013
- 13:40
EU securities markets safer in 2012: report
ESMA report finds that systemic risks have eased
- By: James Langton
- February 14, 2013 February 14, 2013
- 11:50
FSB calls for stronger risk governance
The financial crisis exposed a number of risk governance weaknesses in major financial institutions
- By: James Langton
- February 13, 2013 February 13, 2013
- 18:05
Sell PPNs through dealers: MFDA
KYC and suitability obligations apply to all sales of Principal Protected Notes by fund dealer reps
- By: James Langton
- February 13, 2013 February 13, 2013
- 15:45
OSFI issues warning about Midland Trust
Consumers warned not to provide personal information through website
- By: James Langton
- February 13, 2013 February 13, 2013
- 11:20
FSA review uncovers poor financial advice
Mystery shopping gathers first-hand evidence of what some UK investors might experience
- By: James Langton
- February 13, 2013 February 13, 2013
- 09:45
FINRA mulls incentives disclosure for recruited brokers
Rule aims to address conflicts of interest that can arise when firms offer significant financial incentives to recruit reps but don’t tell clients
- By: James Langton
- February 12, 2013 February 12, 2013
- 16:00
Calgary businessmen misled Focused Group investors: ASC
Sanctions against Victor DeLaet and Stanly Gitzel to be determined
- By: IE Staff
- February 12, 2013 February 12, 2013
- 14:35
Close links between SEC and Wall Street a problem, report says
Former SEC employees hired by Wall Street firms help their new employers to influence regulator and blunt enforcement actions, POGO argues
- By: James Langton
- February 12, 2013 February 12, 2013
- 12:15
IIF warns G20 on fragmented regulation
National regulators acting in their own interests threaten to undo decades of cross-border co-operation
- By: James Langton
- February 11, 2013 February 11, 2013
- 15:15
Joint Forum issues mortgage insurance recommendations
The goal is strengthen and reinforce oversight of mortgage insurers
- By: James Langton
- February 11, 2013 February 11, 2013
- 10:00
Former financial planner fined $50,000 for forgery
Ex RBC Wealth Management employee admits to forging the signatures of two clients on a financial planning agreement
- By: Fiona Collie
- February 8, 2013 February 8, 2013
- 11:45
IIROC fines Deutsche Bank Securities $1 million
Firm settles with regulator over its role in the collapse of the non-bank ABCP market
- By: James Langton
- February 8, 2013 February 8, 2013
- 10:50
IOSCO seeks tougher supervision to protect client assets
Global regulator publishes nine principles on how to enhance supervision of firms that hold client assets
- By: James Langton
- February 8, 2013 February 8, 2013
- 10:05
OSC approves MFDA suitability obligations for leverage
Amendments detail the general obligations for dealers and reps to assess suitability of client leverage
- By: James Langton
- February 7, 2013 December 14, 2017
- 17:00
Market-wide business continuity test planned for October
CSA calls on securities industry to participate
- By: James Langton
- February 7, 2013 February 7, 2013
- 14:15
IIROC scraps plans for “restricted dealer” class
The CSA will be proposing rule amendments to prohibit EMDs from providing brokerage services
- By: James Langton
- February 7, 2013 February 7, 2013
- 11:40
OSC announces commissioner appointments
Four new commissioners to serve two-year terms
- By: IE Staff
- February 7, 2013 February 7, 2013
- 11:20
MFDA updates compliance and supervision notice
Revisions respond to changes in registration rules
- By: James Langton
- February 6, 2013 February 6, 2013
- 16:40
IIROC issues new guidance on proprietary products
Regulator spells out expectations on product due diligence, conflict assessment and suitability
- By: James Langton
- February 6, 2013 February 6, 2013
- 15:00
RBS fined US$600 million in LIBOR rate rigging scandal
CTFC says misconduct involved more than a dozen traders in multiple offices around the world
- By: James Langton
- February 6, 2013 February 6, 2013
- 09:25