U.S. Supreme Court says judges can settle fights over fees charged to mutual funds
Lawsuit on excessive fees sent back to a lower court for resolution
- By: The Associated Press
- March 30, 2010 March 30, 2010
- 10:11
Latest news in From the Regulators
Report calls for changes to Ontario securities regulation
Changes needed in the wake of ABCP market failure
- By: James Langton
- March 30, 2010 March 30, 2010
- 06:26
Calgary police charge four after $60 million Ponzi scheme investigation
HMS Financial scheme promised to pay between 8 and 12% return
- By: Bob Weber
- March 29, 2010 March 29, 2010
- 18:32
Ontario fund salesperson suspended for two years
Henry misappropriated client funds
- By: IE Staff
- March 29, 2010 March 29, 2010
- 16:01
IIROC proposes revisions to rules dealing with business conduct standards and client accounts
Revisions are part of SRO’s plain language initiative
- By: James Langton
- March 28, 2010 March 28, 2010
- 16:14
UK regulator to outlaw embedded commissions
New regime intended to help restore consumer confidence
- By: James Langton
- March 28, 2010 March 28, 2010
- 15:56
Regulators approve MFDA rule allowing commission payments to personal corporations
Eligible commissions must be from business conducted by a rep on behalf of an MFDA member
- By: James Langton
- March 28, 2010 March 28, 2010
- 14:05
Proposed bill would harmonize B.C. securities legislation
B.C. Finance Statutes Amendment Act introduced
- By: James Langton
- March 26, 2010 March 26, 2010
- 07:08
SEC reviewing use of derivatives by mutual funds, ETFs
Regulator want to be sure protections keep up with the increasing complexity of these instruments
- By: James Langton
- March 25, 2010 March 25, 2010
- 13:46
Insider trading ring used Canadian brokerage accounts: SEC
New York, London rocked by insider trading allegations
- By: James Langton
- March 25, 2010 March 25, 2010
- 11:19
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
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