Ex PI Financial rep banned, fined $150,000
Pan loaned money to a client and made misrepresentations to his firm
- By: IE Staff
- May 17, 2012 May 17, 2012
- 15:00
Latest news in From the Regulators
Former B.C. rep fined $50,000
Mytting promised to guarantee the future value of an account, made unsuitable recommendations
- By: IE Staff
- May 17, 2012 May 17, 2012
- 14:25
FINRA improves BrokerCheck service
Additional features aimed at boosting ease of use, robustness of advisor database
- By: James Langton
- May 17, 2012 May 17, 2012
- 14:00
OSC cracks down on “jitney preferencing”
Regulator says that it believes the order allocation practice negatively impacts fair access to trading on marketplaces
- By: James Langton
- May 17, 2012 May 17, 2012
- 11:20
Japan’s Kono to head streamlined IOSCO board
Autstralia’s Medcraft to assume the post when Kono steps down in 2013
- By: James Langton
- May 17, 2012 May 17, 2012
- 10:00
Nine N.B. companies trading on foreign stock exchanges being investigated
The companies appear to be engaging in questionable activities in other countries, says NBSC
- By: James Langton
- May 17, 2012 May 17, 2012
- 09:35
FINRA warns investors of nutraceutical stock scams
Schemes lure investors to create unwarranted demand for shares of small, thinly traded companies
- By: James Langton
- May 16, 2012 May 16, 2012
- 11:45
NSSC sanctions promoter for Ponzi scheme
Sales operated Infinity Online Investors Group
- May 16, 2012 May 16, 2012
- 11:00
IOSCO slims down
The merger of key committees streamlines the organization’s governance structure and decision-making process
- By: James Langton
- May 16, 2012 May 16, 2012
- 10:10
Securities regulators celebrate 10 years of cross border enforcement
Four more countries sign IOSCO memorandum
- By: James Langton
- May 16, 2012 May 16, 2012
- 10:00
First Leaside head ordered to stop raising capital for suspended firm
Exemptions from securities law do not apply to David Phillips, OSC says
- By: James Langton
- May 15, 2012 May 15, 2012
- 17:30
NASAA cautions investors to be wary of crowdfunding
Regulators concerned that shady promoters will use exemption to fleece investors
- By: James Langton
- May 15, 2012 May 15, 2012
- 15:20
IIROC granted 66 rule exemptions in 2011
Majority were exemptions from provisions of the trading rules
- By: James Langton
- May 15, 2012 May 15, 2012
- 11:45
U.S. regulators issue guidance for bank stress testing
Guidance highlights the importance of stress testing as an ongoing risk management practice
- By: James Langton
- May 14, 2012 May 14, 2012
- 11:10
SEC suspends trading in 379 micro caps
Fraud fighting expels dormant shell companies
- By: James Langton
- May 14, 2012 May 14, 2012
- 10:40
Desjardins branch manager case merits hearing: MFDA
Regulator rejects Gentile’s motion to have case dismissed
- By: James Langton
- May 10, 2012 May 10, 2012
- 16:40
Canadian regulators strengthen over-the-counter rules
Canada’s reputation sullied by firms engaged in abusive activities in the U.S. OTC markets
- By: James Langton
- May 10, 2012 May 10, 2012
- 13:00
FSCO warns of advance fee fraud
Ontario regulators says regulator the scam is using Aviva Canada’s logo, address and name
- May 10, 2012 May 10, 2012
- 11:20
FSB forms disclosure task force
The task force’s efforts are expected to result in improved risk disclosure practices by financial institutions
- By: James Langton
- May 10, 2012 May 10, 2012
- 11:00
New rules for short sales, failed trades and dark pools postponed
Rule changes will now all take effect on Oct. 15
- By: James Langton
- May 8, 2012 May 8, 2012
- 15:30
BCSC alleges illegal distribution, false statements
Temporary order issued against man promoting Velocity Entertainment on Cragslist
- By: James Langton
- May 8, 2012 May 8, 2012
- 14:45
OSC charges four in alleged securities fraud
Regulator says perpetrators posed as OSC staff
- By: James Langton
- May 8, 2012 May 8, 2012
- 10:05
FSA fines Japanese insurer $5.63 million
Mitsui Sumitomo fined for corporate governance failings
- By: James Langton
- May 8, 2012 May 8, 2012
- 08:20
Insurers responsible for agents
CCIR paper recommends insurers clearly outline a requirement of agent supervision in their contracts with MGAs
- By: Olivia Glauberzon
- May 7, 2012 May 7, 2012
- 11:40
Ex Canaccord rep fined $100,000
Quebec City broker conducted transactions for a deceased client over several years, and impeded an IIROC investigation
- By: Megan Harman
- May 4, 2012 May 4, 2012
- 14:15