Regulators stress the importance of suitability requirements
Dealers and advisors obligated to “know your client”, “know your product”
- By: IE Staff
- September 2, 2009 September 2, 2009
- 09:45
Latest news in From the Regulators
SEC chief issues warning on broker compensation practices
Open letter sent to U.S. broker-dealer CEOs
- By: James Langton
- August 31, 2009 August 31, 2009
- 15:28
Former Berkshire rep fined $15,000
Griffin violated equity trading rules
- By: IE Staff
- August 31, 2009 August 31, 2009
- 14:31
IIROC fines Toronto rep $15,000
Comeau placed himself in a conflict of interest
- By: IE Staff
- August 31, 2009 August 31, 2009
- 14:10
Ontario appeal court overturns Taub decision
Court affirms SRO’s jurisdiction to pursue wrongdoers who have left the industry
- By: James Langton
- August 31, 2009 August 31, 2009
- 13:28
FASB seeks comments on improvements to fair value measurements
Increased transparency would benefit financial statement users
- By: James Langton
- August 31, 2009 August 31, 2009
- 09:45
Canada signs its first tax information exchange agreement
Agreement with the Netherlands will help authorities combat tax evasion
- By: IE Staff
- August 30, 2009 August 30, 2009
- 15:40
IIROC issues reminder on best execution obligations when trading junior stocks
Firms expected to take into account order and trade information from all marketplaces that trade the same securities
- By: James Langton
- August 30, 2009 August 30, 2009
- 15:30
MFDA fines Alberta fund salesman $250,000
Larson handed permanent ban
- By: IE Staff
- August 30, 2009 August 30, 2009
- 14:24
Tougher penalties eyed for white collar criminals
Harper expresses sympathy for victims of fraud
- By: James Langton
- August 27, 2009 August 27, 2009
- 15:30
Ex-Stanford Financial CFO pleads guilty to fraud
The former chief financial officer of Standford Financial Group, the firm that has been accused of perpetrating a US$7 billion fraud, has pled guilty to…
- By: James Langton
- August 27, 2009 August 27, 2009
- 15:00
Basel Committee overhauls accounting standards
Principles recognize that fair value is not effective when markets become dislocated or are illiquid
- By: James Langton
- August 27, 2009 August 27, 2009
- 13:45
OSFI publishes stress testing guideline for banks and insurance companies
Regulator aiming to establish a standard against which stress testing programs can be evaluated
- By: James Langton
- August 26, 2009 August 26, 2009
- 15:20
ASC settles with Calgary land development company
Foundation Capital to pay $120,000 in settlement and costs
- By: IE Staff
- August 26, 2009 August 26, 2009
- 10:20
MFDA fines N.B. fund salesman $10,000
Business dealings not disclosed to fund dealer
- By: IE Staff
- August 23, 2009 August 23, 2009
- 14:34
IIROC seeks CSA approval for new complaint handling requirements
Regulator intends to co-ordinate with MFDA
- By: James Langton
- August 20, 2009 August 20, 2009
- 15:15
SEC, CFTC to hold joint meetings on regulation harmonization
Meetings will build on the progress made on designing a framework to regulate OTC derivatives
- By: James Langton
- August 20, 2009 August 20, 2009
- 10:37
Money services businesses fined for failing to register with FINTRAC
First time that FINTRAC has used its authority to assess such penalties
- By: IE Staff
- August 20, 2009 August 20, 2009
- 09:33
Alleged Ponzi scheme operator declared bankrupt
Declaration means Jones's personal property can soon be put up for sale
- By: IE Staff
- August 19, 2009 August 19, 2009
- 13:50
Smaller firms get bigger say in electing MFDA directors
MFDA board approves governance report
- By: James Langton
- August 19, 2009 August 19, 2009
- 08:00
Ex-Credit Suisse broker convicted in securities fraud
Resulting investor losses totalled almost US$1 billion
- By: James Langton
- August 18, 2009 August 18, 2009
- 15:20
FINRA, SEC warn retail investors about leveraged or inverse ETFs
Investors should consider seeking the advice of an advisor, regulators say
- By: James Langton
- August 18, 2009 August 18, 2009
- 15:10
ASC bans Sea Sun Capital for illegal trading
Company, ex-CEO fined
- By: Megan Harman
- August 18, 2009 August 18, 2009
- 14:40
Florida company banned from Alberta capital market
Boiler room operation drew investments totalling more than $650,000
- By: Megan Harman
- August 17, 2009 August 17, 2009
- 16:45
SEC proposes new approach to restricting short selling
Regulator seeks comment on alternative uptick rule
- By: James Langton
- August 17, 2009 August 17, 2009
- 15:30