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
Latest news in From the Regulators
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
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