Ketchum to replace Schapiro as FINRA CEO
Current head of New York Stock Exchange Regulation will retain post as FINRA chairman as well
- By: James Langton
- February 24, 2009 February 24, 2009
- 10:58
Latest news in From the Regulators
IOSCO aims to establish principles for supervision of outsourcing
Report that sets principles is sent out for public comment; deadline is May 20
- By: James Langton
- February 23, 2009 February 23, 2009
- 17:22
OSFI amends order on troubled Antigua-based bank
The regulator’s representative office will remain open in Canada to assist clients recover troubled assets
- By: James Langton
- February 23, 2009 February 23, 2009
- 16:46
OSC steps up regulatory efforts
Ontario’s securities regulator is more closely monitoring continuous disclosure filings, among other measures
- By: James Langton
- February 23, 2009 February 23, 2009
- 15:57
U.S. regulators to determine if banks are adequately capitalized
If not, government capital will be provided in the form of mandatory convertible preferred shares
- By: James Langton
- February 23, 2009 February 23, 2009
- 10:00
New CRA website targets triple-threat tax fraud
Project Trident has more than 70 cases in various stages of investigation
- By: IE Staff
- February 22, 2009 February 22, 2009
- 16:51
OSFI issues disclosure guidelines
Amendments are designed to ensure that guidelines are consistent with the disclosure requirements and terminology of the new accounting standard
- By: James Langton
- February 22, 2009 February 22, 2009
- 16:44
U.S. CFTC takes action against Toronto-based principals of Illinois firm
Allegations include customer funds withdrawal without disclosure and the issuing of false account statements
- By: James Langton
- February 22, 2009 February 22, 2009
- 13:09
MFDA issues fines of more than $1.4 million
Prohibition of conduct in securities-related business is also part of the penalty issued on Thursday
- By: Megan Harman
- February 19, 2009 February 19, 2009
- 17:47
SEC names new enforcement head
Former prosecutor has been general counsel with Deutsche Bank for past five years
- By: James Langton
- February 19, 2009 February 19, 2009
- 17:08
Provincial regulators aim to expand passport model
The council stresses that the CSA plans to implement the national registration rule this year
- By: James Langton
- February 19, 2009 February 19, 2009
- 17:00
IOSCO adds major emerging markets to prominent committee
The new members were chosen based on their capital markets and the development of their regulatory systems
- By: James Langton
- February 19, 2009 February 19, 2009
- 10:20
ASC issues trading bans against International Fiduciary Corp SA
ASC issues trading bans against International Fiduciary Corp SA
- By: IE Staff
- February 18, 2009 February 18, 2009
- 17:10
Basel II proposals have ramifications for ABCP market: Fitch
New proposals for updating the Basel II framework would impact structured finance globally, and the asset-backed commercial paper market in particular, Fitch Ratings says.The rating…
- By: James Langton
- February 18, 2009 February 18, 2009
- 16:30
NBSC accepts Berrie White Capital agreement
Toronto-based partner prohibited from acting as officer, director
- By: Megan Harman
- February 18, 2009 February 18, 2009
- 13:54
Thow arrested in Oregon
Disgraced former mutual fund dealer Ian Thow was arrested Tuesday by members of Oregon’s fugitive task force as he left a condominium in Portland.Thow, former…
- By: IE Staff
- February 18, 2009 February 18, 2009
- 09:50
Gillan named senior advisor at SEC
The U.S. Securities and Exchange Commission has hired an advisor to new chairman Mary Schapiro.The SEC announced Tuesday that Kayla Gillan has been named senior…
- By: James Langton
- February 17, 2009 February 17, 2009
- 16:15
SEC settles stock option backdating charges against RIM and four officers
Ex-CFO fined US$500,000
- By: IE Staff
- February 17, 2009 February 17, 2009
- 14:50
Canada won’t avoid regulatory shake up prompted by market turmoil: panel
Much more cooperation among world securities regulators
- By: Megan Harman
- February 17, 2009 February 17, 2009
- 14:10
SEC charges Texas financier in US$8 billion fraud
Advisors sold investment by promising “improbable and unsubstantiated high interest rates”, regulator alleges
- By: IE Staff
- February 17, 2009 February 17, 2009
- 13:15
IIROC seeks more effective handling of client complaints
Proposed rule sets out specific standards and timelines for firms
- By: James Langton
- February 16, 2009 February 16, 2009
- 11:42
MFDA suspends membership of IOCT Financial
The Mutual Fund Dealers Association of Canada has suspended the membership rights and privileges of IOCT Financial Inc.On Feb. 10 in Toronto, a public representative…
- By: IE Staff
- February 13, 2009 February 13, 2009
- 15:50
Fed extends FOMC meetings to two days
The Fed is expanding its March, August, September, and December meetings to two days “to allow additional time for discussion”, it said Friday.The four meetings…
- By: James Langton
- February 13, 2009 February 13, 2009
- 11:45
B.C. appeal court overturns $6 million fine for Thow
Penalty reduced to $250,000
- By: IE Staff
- February 13, 2009 February 13, 2009
- 10:10
SEC accuses Toronto man of stock market manipulation
Regulator alleges schemes realized gains of US$21 million
- By: James Langton
- February 12, 2009 February 12, 2009
- 16:20