National Bank Financial faces $70 million ABCP penalty
Settlement includes $4 million investment in financial education campaign
- By: IE Staff
- December 21, 2009 December 21, 2009
- 17:53
Latest news in From the Regulators
CIBC and HSBC to pay $28 million in ABCP settlement
The Canadian PressTwo major financial institutions accused of misdealings in the asset-backed commercial paper market will have to dole out $28 million in fines and…
- By: The Canadian Press
- December 21, 2009 December 21, 2009
- 17:30
Ex-TD Waterhouse rep fined $70,000 for unauthorized trading, misconduct
Leigh accepted personal loan from clients without the consent of his firm
- By: Megan Harman
- December 21, 2009 December 21, 2009
- 15:45
IIROC complaint-handling standards take effect Feb. 1
New rule sets tighter timeframes for responses to client complaints
- By: IE Staff
- December 21, 2009 December 21, 2009
- 14:50
CSA promotes investor use of National Registration Database
Investors encouraged to check the registration of a financial advisor or firm or
- By: James Langton
- December 21, 2009 December 21, 2009
- 10:45
Regulators approve IIROC and MDFA complaint-handling rules
Goal is to harmonize the requirements used by the CSA and both SROs
- By: James Langton
- December 20, 2009 December 20, 2009
- 16:02
Alberta to test ‘constitutional soundness’ of national securities regulator
Province’s Court of Appeal to hear case
- By: The Canadian Press
- December 20, 2009 December 20, 2009
- 14:15
CSA answers questions about new national registration regime
List created in response to public enquiries
- By: IE Staff
- December 20, 2009 December 20, 2009
- 11:51
CSA takes steps to improve oil and gas disclosure
Comments from stakeholders due March 19
- By: IE Staff
- December 18, 2009 December 18, 2009
- 12:48
ASC issues trading ban against B.C.-based Goldstone Private Equity Partners
Limited partnership has raise $2.45 million from 53 Alberta investors
- By: IE Staff
- December 18, 2009 December 18, 2009
- 11:20
OSC to enhance compliance with corporate sustainability requirements
Regulator plans to conduct compliance review of corporate governance disclosure
- By: IE Staff
- December 18, 2009 December 18, 2009
- 10:58
OSC to consider ABCP settlements with CIBC, HSBC
IIROC to review settlements with Canaccord, Credential, and Scotia Capital
- By: IE Staff
- December 18, 2009 December 18, 2009
- 08:56
BCSC permanently bans man who illegally raised millions for FX trading
$2.6 million in assets will be released to bankruptcy trustee for distribution to investors
- By: IE Staff
- December 17, 2009 December 17, 2009
- 14:50
Basel Committee proposals aim to strengthen resilience of the banking sector
Reform expected to be implemented by the end of 2012
- By: James Langton
- December 17, 2009 December 17, 2009
- 14:30
SEC tightens rules on investment advisors
Rule changes will substantially increase protection for investors
- By: James Langton
- December 17, 2009 December 17, 2009
- 14:01
Toronto Dominion fined $12 million by UK regulator
Breaches relate to pricing problems uncovered in a proprietary trader’s books
- By: James Langton
- December 17, 2009 December 17, 2009
- 08:48
SEC approves new proxy disclosure rules
Rules designed to improve corporate disclosure regarding risk, compensation and corporate governance matters
- By: James Langton
- December 16, 2009 December 16, 2009
- 17:13
IIROC invites public comment on arbitration program
Regulator proposes to raise the program award limit above the current limit of $100,000
- By: IE Staff
- December 16, 2009 December 16, 2009
- 14:40
FSA proposes raising professional standards for UK investment advisors
Measures aimed at rebuilding confidence among retail investors
- By: James Langton
- December 16, 2009 December 16, 2009
- 12:39
Ottawa proposes legislation to clarify GST responsibilities for financial services companies
Investment management services are not “financial services”
- By: IE Staff
- December 15, 2009 December 15, 2009
- 14:04
CRA begins crackdown on offshore tax havens
Audits at RBC DS highlight the importance for advisors to exercise caution when assisting clients with complex tax planning
- By: Megan Harman
- December 15, 2009 December 15, 2009
- 06:47
Vancouver brokers fined over Aberdene trades
Reynolds, Chang fined $70,000 in total
- By: IE Staff
- December 14, 2009 December 14, 2009
- 15:30
RBC DS probed in hidden wealth audit
CRA conducting audits involving advisors at the firm
- By: Sunny Freeman
- December 14, 2009 December 14, 2009
- 14:27
U.S. House approves historic new financial regulations
Bill to protect investors, address the causes of the financial crisis
- By: James Langton
- December 13, 2009 December 13, 2009
- 17:39
OSC forecasts deficit for next three years
Commission outlines annual priorities ahead of schedule, calls for feedback
- By: James Langton
- December 13, 2009 December 13, 2009
- 16:53