Fund salesperson ordered to pay client $50,000: MFDA
Debentures sold by Kruss were not approved by dealers
- By: Megan Harman
- March 24, 2010 March 24, 2010
- 16:52
Latest news in From the Regulators
CSA takes steps to improve scholarship plan disclosure for investors
Proposal includes plain language plan summary
- By: IE Staff
- March 24, 2010 March 24, 2010
- 11:35
Central bankers propose tougher market curbs
CGFS report recommends several changes to market practices
- By: James Langton
- March 23, 2010 March 23, 2010
- 15:58
MFDA panel bans ex-Scotia Securities fund salesperson
Desbois fined $50,000
- By: IE Staff
- March 23, 2010 March 23, 2010
- 15:32
New ASC resource educates seniors about investment fraud
Resource is designed to help seniors identify tactics used by fraudsters
- By: IE Staff
- March 23, 2010 March 23, 2010
- 14:56
ASC permanently bans B.C. resident
O’Neill banned for his role in “Pay It Forward” investment scheme
- By: IE Staff
- March 23, 2010 March 23, 2010
- 13:10
Regulators issue investor warning on “unlocking” schemes
Victims suffer significant investment losses, on top of serious tax and pension repercussions
- By: IE Staff
- March 23, 2010 March 23, 2010
- 09:25
MFDA highlights common compliance deficiencies
Reviews prompt two bulletins to member firms
- By: James Langton
- March 22, 2010 March 22, 2010
- 16:35
FSCO priorities include mortgage broker compliance, pension regulation
Ontario regulator issues draft statement of priorities
- By: James Langton
- March 22, 2010 March 22, 2010
- 15:39
SEC taking new approach to fighting fraud
Regulator to establish five specialized units
- By: James Langton
- March 22, 2010 March 22, 2010
- 15:27
Crown seeks prison time for former N.S. advisor
MacDonald pleaded guilty to stealing from eight victims
- By: The Canadian Press
- March 22, 2010 March 22, 2010
- 13:23
OSFI seeks comment on proposed changes to capital requirements for life insurers
Guideline defines capital available to meet minimum standard
- By: James Langton
- March 22, 2010 March 22, 2010
- 12:24
ASC extends cease trade of Cyprus-based Genius Funds
Regulator alleges illegal trading and distribution of securities
- March 21, 2010 March 21, 2010
- 16:35
OSC accepting applications for investor advisory committee
Panel will have defined budget, administrative support, and compensation for participants
- By: James Langton
- March 21, 2010 March 21, 2010
- 14:47
IIROC bans Vancouver rep
Fearn fined $50,000 for failing to co-operate with an investigation
- By: IE Staff
- March 21, 2010 March 21, 2010
- 13:45
OSC announces new requirement for clearing agency recognition
Mandatory recognition for entities that perform central depository, central counter-party, or guarantor functions
- By: IE Staff
- March 21, 2010 March 21, 2010
- 10:37
Alberta moves to strengthen securities legislation
Province continues to oppose national securities regulator
- By: James Langton
- March 21, 2010 March 21, 2010
- 09:19
G20 must continue to provide economic stimulus: Harper
PM lays out goals for Toronto summit
- By: James Langton
- March 18, 2010 March 18, 2010
- 13:55
Basel Committee issues recommendations for strengthening cross-border banks
Banks and regulators should develop plans to promote resiliency in periods of severe financial distress
- By: James Langton
- March 18, 2010 March 18, 2010
- 09:37
SEC looking for 12% funding increase
Staff increase would beef up enforcement
- By: James Langton
- March 17, 2010 March 17, 2010
- 13:24
U.S. banking agencies issue policy statement on funding and liquidity risk management
Guidance incorporates principles issued by the Basel Committee
- By: James Langton
- March 17, 2010 March 17, 2010
- 13:14
FSA to increase staff
UK regulator publishes business plan for 2010/11
- By: James Langton
- March 17, 2010 March 17, 2010
- 10:13
Federal Reserve holds interest rates
Economists expect interest rates hikes later this year or early next year
- By: James Langton
- March 16, 2010 March 16, 2010
- 19:41
Financial regulatory reform bill falls short: NASAA
Group calls for fiduciary standards for anyone giving investment advice
- By: James Langton
- March 16, 2010 March 16, 2010
- 19:27
Shady tax preparers will be penalized: CRA
Dozens of audits involving tax preparers and promoters are underway
- By: James Langton
- March 16, 2010 March 16, 2010
- 15:59