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
Latest news in From the Regulators
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
UK regulator to ban retail ‘death bond’ sales
FSA says traded life policy investments are high risk, toxic products that are generally unsuitable for the majority of retail investors and should not be…
- By: James Langton
- November 28, 2011 November 28, 2011
- 17:20
IIROC, IEF extend support of high school financial literacy program
Funny Money uses humour to connect and capture the attention of high school students
- By: IE Staff
- November 28, 2011 November 28, 2011
- 12:50
Former Quebec premier seeks conditions on TMX takeover
Parizeau says AMF should use veto to ensure Montreal doesn't become a shell for derivatives
- By: Ross Marowits
- November 25, 2011 November 25, 2011
- 14:15
Regulators mull fewer marketing restrictions for offerings
Proposed amendments designed to ease burdens that issuers and dealers face in trying to complete a prospectus offering
- By: James Langton
- November 25, 2011 November 25, 2011
- 13:15
CSA proposes framework to improve the regulation of OTC derivatives
The G20 has emphasized the importance of transparency in these markets and their protection against abuse
- By: James Langton
- November 25, 2011 November 25, 2011
- 12:45
CSA proposes enhancements to scholarship plan disclosure
Proposed prospectus form designed to provide better understanding of the benefits, risks and costs of investing in scholarship plans
- By: James Langton
- November 25, 2011 November 25, 2011
- 12:20
TMX deal ‘makes sense’, Maple tells AMF
Maple and TMX refuse to make new commitments to Montreal in AMF hearing
- By: Sylvain Larocque
- November 24, 2011 November 24, 2011
- 16:20
Tsatskin gets three years in jail for New Gold fraud
Sentencing makes it clear that the courts take these matters seriously, says OSC’s Atkinson
- By: IE Staff
- November 24, 2011 December 14, 2017
- 16:15
Several New Brunswick companies hit with cease-trade order
Priest and Phillips prohibited from becoming or acting as a director or officer
- By: IE Staff
- November 24, 2011 November 24, 2011
- 09:50
Flaherty introduces financial system review legislation
Act enhances the supervisory powers of the Financial Consumer Agency of Canada
- By: IE Staff
- November 23, 2011 November 23, 2011
- 15:10