AMF levied $5.6 million in fines in 2011
Illegal distributions account for much the charges and investigations
- By: James Langton
- March 1, 2012 March 1, 2012
- 14:00
Latest news in From the Regulators
MFDA calls for nominations to regional councils
Deadline for submissions is March 30
- By: James Langton
- March 1, 2012 March 1, 2012
- 10:00
Banks cautioned on cloud computing
OSFI reminds firms to consider associated risks
- By: James Langton
- February 29, 2012 February 29, 2012
- 17:00
IOSCO issues recommendations on OTC derivative mandatory clearing
17 recommendations are targeted at authorities developing a mandatory clearing requirement as required by G20
- By: James Langton
- February 29, 2012 February 29, 2012
- 15:10
UK panel calls on regulators to impose fiduciary duty
Panel says it’s not reasonable to expect consumers to understand complex financial products and associated risks
- By: James Langton
- February 29, 2012 February 29, 2012
- 12:35
OSC unveils new strategic plan
Office of the Investor to engage investors more effectively
- By: James Langton
- February 29, 2012 February 29, 2012
- 12:15
NSSC assessed more than $2 million in fines in 2011
65 complaints investigated
- By: IE Staff
- February 29, 2012 February 29, 2012
- 10:50
OSFI updates guidelines for liquidity risk management
Revisions aim to bring OSFI guidelines into line with reforms adopted by Basel Committee
- By: James Langton
- February 28, 2012 February 28, 2012
- 16:55
SEC proposes rules to prevent identity theft
Proposal would require firms to create programs to spot the signs of identity theft
- By: James Langton
- February 28, 2012 February 28, 2012
- 14:40
Ex Quebec rep fined $40,000 for rule violations
Former Peak Securities rep had undisclosed financial arrangements with clients
- By: IE Staff
- February 28, 2012 February 28, 2012
- 13:50
NBSC launches finance program for women
Resources will help women better understand and take control of their personal finances
- By: James Langton
- February 28, 2012 February 28, 2012
- 12:25
BCSC alleges ex Colstar CEO manipulated markets
Regulator contends that Damien Reynolds used his mother’s brokerage account to create an artificially low price in his company’s shares
- By: IE Staff
- February 28, 2012 February 28, 2012
- 10:00
SEC issues unauthorized trading alert
Independent and mutually reinforcing controls help mitigate risk
- By: James Langton
- February 27, 2012 February 27, 2012
- 17:00
AMF reviewing online distribution of insurance
13 proposals deal with advertising, disclosure and social media
- By: James Langton
- February 27, 2012 February 27, 2012
- 08:00
SROs proposed changes to compliance policy
The changes are being put forward in response to the provincial securities regulators’ registration reform rules
- By: James Langton
- February 24, 2012 February 24, 2012
- 15:20
IIROC suspends First Leaside
Investment firm granted bankruptcy protection
- By: IE Staff
- February 24, 2012 February 24, 2012
- 14:35
2011 an active year for OSC enforcement
Ontario regulator ordered a total of $60.4 million in penalties, disgorgement and costs
- By: James Langton
- February 24, 2012 February 24, 2012
- 14:20
FINRA helps investors understand account statements
U.S. securities regulators have issued an investor alert encouraging investors to scrutinize their account statements and trade confirmations.
- By: IE Staff
- February 23, 2012 February 23, 2012
- 17:05
Sask regulator cease trades UFX Bank
SFSC claims off-shore firm defrauded Saskatchewan resident
- By: James Langton
- February 23, 2012 February 23, 2012
- 16:55
MFDA imposes $250,000 fine on fund and insurance salesman
Ex Canfin salesman banned for having personal financial dealings with a client and failing to co-operate with an investigation
- By: IE Staff
- February 23, 2012 February 23, 2012
- 14:15
Ex Edmonton rep fined $10,000 for gatekeeper failings
Trades could have created an artificial price for two TSXV securities
- By: IE Staff
- February 22, 2012 February 22, 2012
- 15:25
Ex BC rep fined $10,000
James Wenman loaned his client money on three separate occasions without the consent of his firm
- By: IE Staff
- February 22, 2012 February 22, 2012
- 14:50
Calgary rep fined $55,000 for KYC failings
CIBC WM rep failed to use due diligence on orders from two clients
- By: IE Staff
- February 22, 2012 February 22, 2012
- 14:15
CSA report highlights 2011 enforcement activity
Fines and administrative penalties of more than $52 million; Illegal distributions remain the biggest source of enforcement activity
- By: James Langton
- February 22, 2012 February 22, 2012
- 13:50
BCSC freezes assets of former financial planner
New freeze orders issued against Arvin Patel’s retirement savings and brokerage accounts
- By: IE Staff
- February 21, 2012 February 21, 2012
- 16:30