ASC sanctions Calgary man $180,000 for fraud
Sirianni permanently banned
- By: IE Staff
- December 12, 2011 December 12, 2011
- 16:20
Latest news in From the Regulators
Policy changes needed to prevent future bank failures: FSA
Report describes why the FSA concluded that there was not sufficient evidence to bring enforcement action against Royal Bank of Scotland management
- By: James Langton
- December 12, 2011 December 12, 2011
- 10:10
AMF seeks input on compensation for fraud victims
Regulator asks consumers and industry how victims of financial fraud should be compensated and under what circumstances
- By: James Langton
- December 9, 2011 December 9, 2011
- 16:45
Two Calgary reps sanctioned
Delcourt and Stewart conducted their business as portfolio managers without proper registration
- By: IE Staff
- December 9, 2011 December 9, 2011
- 16:30
Global regulators meet to discuss OTC derivatives
The meeting addressed cross-border issues related to the implementation of new legislation and rules to govern the OTC derivatives markets
- By: James Langton
- December 9, 2011 December 9, 2011
- 09:30
OSC recognizes Alpha ATS as an exchange
The proposed acquisition of Alpha by Maple Group may have implications for governance and conflicts of interest mechanisms in place for exchanges
- By: James Langton
- December 8, 2011 December 8, 2011
- 17:00
IIROC outlines compliance issues for social media
Updated guidance indicates that all methods of communication, including social media, are subject to the IIROC’s rules
- By: James Langton
- December 8, 2011 December 8, 2011
- 08:30
UK regulator challenges directors to ensure retail clients get fair treatment
New guidance for non-executive directors of financial firms aims to assist them in understanding their role
- By: James Langton
- December 7, 2011 December 7, 2011
- 10:30
UK mulls forcing top bankers to reveal compensation
Proposals would cover 15 banks
- By: James Langton
- December 6, 2011 December 6, 2011
- 16:00
European regulators warn retail investors about FX trading
Unauthorized firms offering foreign exchange investment
- By: James Langton
- December 5, 2011 December 5, 2011
- 09:30
UK regulator slaps HSBC with largest ever retail fine
NHFA subsidiary sold unsuitable investments to elderly customers
- By: James Langton
- December 5, 2011 December 5, 2011
- 09:00
U.S. trade groups sue commodities regulator over caps
Proposed CFTC rule would impact markets by “reducing liquidity and increasing price volatility”
- By: James Langton
- December 2, 2011 December 2, 2011
- 16:30
MFDA postpones performance reporting rule
Implementation suspended pending harmonization with standards being developed by the CSA
- By: James Langton
- December 2, 2011 December 2, 2011
- 15:40
IIROC proposes membership disclosure policy
The goal is raise public awareness of the advantages of working with an IIROC-regulated firm and advisor
- By: James Langton
- December 2, 2011 December 2, 2011
- 12:20
OSFI issues guidance on compensation disclosure
Banks expected to implement Basel remuneration disclosure requirements starting with the 2012 fiscal year-end
- By: James Langton
- December 2, 2011 December 2, 2011
- 08:00
MFDA transition periods ending
Several changes to KYC and supervisory requirements take effect December 3
- By: James Langton
- December 1, 2011 December 1, 2011
- 16:30
MFDA approves public, industry directors
Members confirm amendments to client report rule
- By: James Langton
- December 1, 2011 December 1, 2011
- 15:30
13 charged in micro cap kickback scheme
Charges follow a year-long SEC investigation focusing on preventing fraud in the micro-cap stock markets
- By: James Langton
- December 1, 2011 December 1, 2011
- 14:30
Maple TMX deal conditional on integration of CDS, says Bertrand
Combining trading and clearing would create efficiencies and those cost savings would be passed along to market participants
- By: Sunny Freeman
- December 1, 2011 December 1, 2011
- 12:10
SEC, FINRA issue risk alert on broker dealer branch office inspections
An effective risk based branch office inspection program can better protect investors and the firm’s own interests
- By: James Langton
- December 1, 2011 December 1, 2011
- 10:00
ASC lays fraud charges
Charges laid in connection with the illegal sale of securities issued by Laxum Capital
- By: IE Staff
- November 30, 2011 November 30, 2011
- 15:30
Swift Trade drops challenge to FSA notice
The Canadian firm is still appealing the decision and fine
- By: James Langton
- November 30, 2011 November 30, 2011
- 14:00
Ex Canaccord rep fined $290,000
Penalties imposed on Phillips include a three year suspension
- By: IE Staff
- November 30, 2011 November 30, 2011
- 11:40
NASAA launches review program for IA registration
Initiative provides investment advisors registering in multiple states with an easier way to navigate the switch to state registration
- By: James Langton
- November 29, 2011 November 29, 2011
- 12:30
Judge rejects SEC settlement with Citigroup in mortgage case
Neither admitting or denying the contents of a regulatory order leaves the court with no basis to judge the merits of the deal
- By: James Langton
- November 28, 2011 November 28, 2011
- 17:30