U.S. regulators failed to act before financial crisis: GAO
Regulators failed to get companies to correct weaknesses in risk management
- By: IE Staff
- March 20, 2009 March 20, 2009
- 09:45
Latest news in From the Regulators
U.S. regulators failed to act before financial crisis: GAO
NBSC issues warning on Groupe Financier CTIC
Quebec firm not registered to sell securities in New Brunswick
- By: IE Staff
- March 19, 2009 March 19, 2009
- 14:50
IOSCO report calls for coordinated global effort to manage hedge fund risks
Closing date for submissions is April 30
- By: James Langton
- March 19, 2009 March 19, 2009
- 09:20
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
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