A hearing panel of the Investment Industry Regulatory Organization of Canada has fined BMO Nesbitt Burns Inc. $300,000 for using improper sales literature.On Oct. 10,…
The European System of Central Banks and the Committee of European Securities Regulators published recommendations for securities clearing and settlement systems and central counterparties in…
The UK’s Financial Services has published rules that will implement a new disclosure regime for contracts for difference.The FSA published a consultation paper about CFDs…
New deadline is Dec. 29
Temporary program guarantees wholesale term borrowing
A group of provincial ministers continues to call for Ontario to join the passport system of securities regulation.On Tuesday, the Provincial-Territorial Council of Ministers of…
Regulator releases fiscal 2008 enforcement results
Web-based teacher resource provides hands-on approach to learning
Financial institutions told to consult regulator before using capital to buy back shares
FSA completes 30-day review
The Securities Industry and Financial Markets Association is calling on the U.S. Congress to establish a new market stability regulator.SIFMA’s president and CEO, Tim Ryan,…
Proposed agreement addresses a number of complex issues, CAPSA says
MMIFF should improve liquidity position of money market investors
The Bank of Canada says it will sell another $550 million of its holdings of treasury bills.The sale will partially offset the temporary increase in…
The Ontario Securities Commission has approved a memorandum of understanding with Quebec’s Autorité des marches financiers, which sets out how they will cooperate to oversee…
Changes will allow companies to reclassify some financial instruments to allow them to avoid fair-value accounting treatment
Rule would require each marketplace to enforce procedures to ensure that better-priced orders are executed first
Report makes recommendations on transparency, conflicts of interest, and use of credit ratings
Provisions also address failed trade activity
Sale will partially offset previously announce term purchase and resale transactions
The U.S. Treasury Department has announced new executive compensation rules that will apply under its planned bailout measures.Treasury today announced a US$25 billon plan to…
Bank of Canada acts to boost market liquidity; U.S. government to buy banking shares
The Ontario Securities Commission has announced the new membership of the Continuous Disclosure Advisory Committee (CDAC) for 2008 – 2010.The CDAC is comprised of members…
Banks lower prime lending rate
The International Organization of Securities Commissions Emerging Markets Committee announced that it will study the implications of the financial crisis for emerging market countries in…