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
Latest news in From the Regulators
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
B.C. portfolio manager to pay $90,000
Genus Capital failed to file reports, heed BCSC staff guidance
- By: James Langton
- May 4, 2012 May 4, 2012
- 13:20
Ex fund salesman fined $10,000
Selling shares without dealer’s approval leads to 10-year ban
- By: Megan Harman
- May 4, 2012 May 4, 2012
- 10:55
Global regulators committed to OTC derivatives reform
OSC hosts meeting to discuss technical issues relating to implementation efforts
- By: James Langton
- May 4, 2012 May 4, 2012
- 10:25
Ontario fund dealer closing up shop
Independent Accountants’ Investment Group to resign MFDA membership
- By: Megan Harman
- May 4, 2012 May 4, 2012
- 09:40
BCSC alleges Ponzi scheme
Regulator issues temporary order against Bossteam E-Commerce
- By: James Langton
- May 3, 2012 May 3, 2012
- 14:00
Basel propose tougher boundary between trading and banking books
Measures designed to improve trading book capital requirements
- By: James Langton
- May 3, 2012 May 3, 2012
- 12:40
Maple bid for TMX moves a step closer with OSC orders
Ontario regulator proposes a variety of governance conditions for approval of deal
- By: James Langton
- May 3, 2012 May 3, 2012
- 10:40
RBC Capital to repay US$2.9 million
Settlement with Massachusetts regulators resolves allegations of unsuitable sales of leveraged ETFs
- By: James Langton
- May 2, 2012 May 2, 2012
- 17:30
Calgary land developer mislead investors, ASC alleges
Alleged illegal distribution raised $1.3 million
- By: James Langton
- May 2, 2012 May 2, 2012
- 14:00
FINRA fines Wall Street firms US$9.1 million over leveraged ETF sales
Regulator says firms did not have supervisory systems in place to properly monitor sales
- By: James Langton
- May 1, 2012 May 1, 2012
- 10:25
OSC begins search for investor protection head
The director of the Office of the Investor will be responsible for advancing investor interests in all OSC policies and operations
- By: James Langton
- May 1, 2012 May 1, 2012
- 09:00
New FSB group to monitor compensation reforms
The Compensation Monitoring Contact Group is a network of national experts with regulatory responsibility for industry compensation practices
- By: James Langton
- April 30, 2012 April 30, 2012
- 16:00
UK boiler room money funneled through Canada
British man sentenced to four and half years in jail for money laundering
- By: James Langton
- April 30, 2012 April 30, 2012
- 14:50
Hedge fund fined $100,000 for improper registration
Sternberg, Parkwood and Philco banned from registration
- By: James Langton
- April 30, 2012 April 30, 2012
- 07:00
Trapeze Asset Management fined $1 million
The firm, its CEO and chairman admit to breaching KYC and suitability obligations
- By: James Langton
- April 27, 2012 April 27, 2012
- 16:25
IOSCO examines risks posed by money market funds
The performance of money market funds during financial turmoil highlight their potential to spread or amplify a crisis
- By: James Langton
- April 27, 2012 April 27, 2012
- 11:40
FSB examines risks from securities lending and repos
Report identifies seven issues that might pose risks to financial stability
- By: James Langton
- April 27, 2012 April 27, 2012
- 09:35
Ontario man charged in $1.2 million securities fraud case
Company set up to collectively purchase shares in two publicly traded mining companies
- By: James Langton
- April 26, 2012 April 26, 2012
- 14:50
IOSCO proposes liquidity risk principles for fund managers
Principles designed to ensure that funds are able to meet their redemption obligations
- By: James Langton
- April 26, 2012 April 26, 2012
- 13:40
Regulators aim to improve exempt market compliance
Two new CSA notices provide clear guidance to assist issuers in preparing and filing exempt market documents
- By: James Langton
- April 26, 2012 April 26, 2012
- 10:50
MFDA policy advisory committee announces new members
Paul McKay, Holly Millar, Nick Pallotta and Sylvain Thériault join PAC
- By: James Langton
- April 26, 2012 April 26, 2012
- 10:10
Richvale a “one-man boiler room”, says OSC panel
Richvale and its president defrauded investors of over $750,000
- By: James Langton
- April 26, 2012 April 26, 2012
- 08:20