N.B. proposes enhancements to Retail Venture Capital Program
Changes will make vencap funds more attractive for investors
- By: IE Staff
- March 19, 2009 March 19, 2009
- 07:35
Latest news in From the Regulators
N.B. proposes enhancements to Retail Venture Capital Program
SEC charges Madoff auditors with fraud
The U.S. Securities and Exchange Commission has charged the auditors of Bernard Madoff’s broker-dealer firm with securities fraud over allegations that they claimed they conducted…
- By: James Langton
- March 18, 2009 March 18, 2009
- 15:35
UK regulator mulls change to compensation policies
The UK’s Financial Services Authority has published a consultation paper that contemplates making a rule concerning compensation policies, and applying it to large banks and…
- By: James Langton
- March 18, 2009 March 18, 2009
- 11:00
FINRA proposes pilot program for margining credit default swaps
Program would apply to proposed central counterparty for CDS trades
- By: James Langton
- March 18, 2009 March 18, 2009
- 10:46
UK review of global banking regulation calls for changes to supervision
The UK’s Financial Services Authority has published a review of global banking regulation, calling for sweeping changes to supervision.The review, which was released Wednesday, identifies…
- By: James Langton
- March 18, 2009 March 18, 2009
- 09:00
FINRA fines Citigroup unit US$2 million for trade reporting violations
The Financial Industry Regulatory Authority announced Tuesdayy that it has imposed a US$2 million fine against Citigroup Global Markets for various trade reporting violations.The sanction…
- By: James Langton
- March 17, 2009 March 17, 2009
- 16:07
CRA issues warning on tax-free withdrawal schemes
Tax agency reports surge in questionable RRSP and RRIF tax-free withdrawal schemes
- By: James Langton
- March 17, 2009 March 17, 2009
- 15:30
Fed puts off changes to capital rues for bank holding companies
Delay will further Fed’s efforts to respond to the current financial situation
- By: James Walker
- March 17, 2009 March 17, 2009
- 09:10
OSC continues order against Sextant
Hearing continues June 16
- By: IE Staff
- March 17, 2009 March 17, 2009
- 07:10
BCSC panel finds two Quebec residents traded illegally on insider information
A British Columbia Securities Commission panel has found that two Quebec residents illegally purchased the shares of a publicly traded company before it had disclosed…
- By: IE Staff
- March 16, 2009 March 16, 2009
- 07:35
MFDA proposes changes to handling of client complaints
Deadline for providing a response would be shortened to three months
- By: James Langton
- March 15, 2009 March 15, 2009
- 15:30
OSC freezes fee levels
Commission responds to challenges facing market participants
- By: IE Staff
- March 13, 2009 March 13, 2009
- 11:10
Financial Stability Forum to broaden its membership
The Financial Stability Forum announced that it has decided to expand its membership to include all the members of the G20.
- By: James Langton
- March 13, 2009 March 13, 2009
- 07:35
Investors warned of CRA phishing scam
Toronto Police have issued a warning about fraudsters pretending to represent the Canada Revenue Agency to seek personal information.
- By: James Langton
- March 12, 2009 March 12, 2009
- 16:15
OSC to appoint receiver for Sextant
Hearing scheduled for April 30
- By: IE Staff
- March 12, 2009 March 12, 2009
- 13:50
ASC launches new resources to help investors avoid fraud
As part of Fraud Awareness Month, the Alberta Securities Commission (ASC) has launched a number of new online resources to help investors avoid investment fraud…
- By: IE Staff
- March 12, 2009 March 12, 2009
- 12:55
BCSC helps investors recoup funds from Ponzi scheme
Wellspring and Springpay bilked investors out of $570,000
- By: IE Staff
- March 12, 2009 March 12, 2009
- 12:00
Basel Committee won’t increase bank ratios in crisis
Strengthening capital framework will lay foundation for more resilient banking system
- By: James Langton
- March 12, 2009 March 12, 2009
- 09:25
SEC fines Merrill Lynch US$7 million over squawk-box violations
The U.S. Securities and Exchange Commission has settled charges against Merrill Lynch, Pierce, Fenner & Smith Inc. over allegations that it let traders at other…
- By: James Langton
- March 11, 2009 March 11, 2009
- 10:20
Canada’s proactive approach to financial stability will limit risk, IMF says
Consolidating securities regulation would further strengthen stability framework
- By: IE Staff
- March 11, 2009 March 11, 2009
- 09:10
IIROC suspends Credifinance Securities membership
A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has suspended the membership of Credifinance Securities Ltd., following following an expedited hearing…
- By: IE Staff
- March 10, 2009 March 10, 2009
- 15:30
OSFI issues guidance on capital treatment of reverse mortgages
The Office of the Superintendent of Financial Institutions is issuing a draft advisory that sets out its view on the capital treatment of reverse mortgages.OSFI…
- By: James Langton
- March 10, 2009 March 10, 2009
- 15:10
Recovery out of reach until financial stability restored, Bernanke says
New policies needed to limit the incidence and impact of systemic risk
- By: James Langton
- March 10, 2009 March 10, 2009
- 11:03
Economic downturn will hit bank profits, OSFI head says
Banks told to incorporate adverse outcomes in their planning
- By: James Langton
- March 10, 2009 March 10, 2009
- 10:45