ASC sanctions Calgary man for misleading news releases
Ex-officer of High Plains Energy ordered to pay $120,000
- By: IE Staff
- March 26, 2009 March 26, 2009
- 13:10
Latest news in From the Regulators
U.S. Treasury outlines plans for regulatory reform
The U.S. Treasury has unveiled part one of its plans for regulatory reform in the wake of the financial crisis, focusing on systemic risk and…
- By: James Langton
- March 26, 2009 March 26, 2009
- 11:30
Morgan Stanley to fined over misconduct in early retirement investment promotion
The Financial Industry Regulatory Authority announced that it has fined Morgan Stanley & Co. US$3 million — and ordered it to pay more than US$4.2…
- By: James Langton
- March 25, 2009 March 25, 2009
- 16:35
Livent co-founders guilty of fraud and forgery
Garth Drabinsky and Myron Gottlieb, co-founders of now now-defunct theatrical production company Livent Inc., have been convicted on fraud and forgery charges.Justice Mary Lou Benotto…
- By: IE Staff
- March 25, 2009 March 25, 2009
- 10:25
Competition Bureau issues draft of merger review guidelines
Comments due by May 29
- By: James Langton
- March 24, 2009 March 24, 2009
- 15:10
IIROC releases guidelines on best practices for product due diligence
Regulator plans product due diligence sweep later in the year
- By: James Langton
- March 23, 2009 March 23, 2009
- 16:25
FINRA fines 25 firms for failures in mutual fund breakpoint review
The Financial Industry Regulatory Authority announced that it has fined 25 broker-dealers a total of US$2,145,000 for failures related to their completion of FINRA’s self-assessment…
- By: James Langton
- March 23, 2009 March 23, 2009
- 15:45
U.S. Treasury announces US$1 trillion troubled assets plan
Public-Private Investment Plan to buy legacy assets from banks
- By: James Langton
- March 23, 2009 March 23, 2009
- 15:20
IOSCO consults on regulatory approach to short selling
Goal is to reduce the potential destabilizing effect that short selling can have on markets
- By: James Langton
- March 23, 2009 March 23, 2009
- 10:45
TMX oversight agreement takes effect April 1
Letter acknowledges the common intent of OSC and AMF to cooperate
- By: James Langton
- March 22, 2009 March 22, 2009
- 15:13
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
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