Capital charges for securitization activities need to accurately reflect risks: OSFI
Rule changes reflect observations made during ABCP disruption
- By: James Langton
- June 19, 2008 June 19, 2008
- 10:10
Latest news in From the Regulators
RCMP arrest six in Norbourg fraud case, including ex-CEO
Royal Canadian Mounted Police have arrested six people in connection with the massive Norbourg securities scandal, including former CEO Vincent Lacroix, who is already serving…
- By: IE Staff
- June 19, 2008 June 19, 2008
- 07:35
Money services businesses must register with FINTRAC by June 23
All money services businesses will be required to register with FINTRAC by June 23. This registration requirement follows recent changes to the Proceeds of Crime…
- By: IE Staff
- June 18, 2008 June 18, 2008
- 13:18
Global securities regulators to form accounting standards monitoring group
IASCF Monitoring Group will provide for organized interaction between national regulators and the International Accounting Standards Board
- By: James Langton
- June 18, 2008 June 18, 2008
- 11:25
ASC sanctions Calgary trio for illegal sale of EMS securities worth $10 million
Fines and penalties total $545,000
- By: IE Staff
- June 18, 2008 June 18, 2008
- 07:30
Appeal court upholds two-year claim limitation period
Ontario’s Limitation Act does not give the court the authority to allow an action to be commenced after the expiry of a limitation period
- By: James Langton
- June 18, 2008 June 18, 2008
- 07:15
IIROC unveils timelines for equity margin project
The Investment Industry Regulatory Organization of Canada has announced timelines for the implementation of the new methodology for margining equity securities.The new methodology will apply…
- By: James Langton
- June 17, 2008 June 17, 2008
- 10:10
G-8 ministers call for improved disclosure and risk management practices
World economy continues to face uncertainty
- By: James Langton
- June 16, 2008 June 16, 2008
- 12:30
Proposed MFDA amendments intended to clarify nature of client/advisor relationship
Changes address client record requirements
- By: James Langton
- June 15, 2008 June 15, 2008
- 16:15
OSC reminds portfolio managers to monitor capital adequacy
Regulator notes an increase in the number of managers that are deficient in meeting the minimum requirements
- By: IE Staff
- June 13, 2008 June 13, 2008
- 10:20
FSA introduces disclosure regime for significant short positions in companies undertaking rights issues
Rights issue process provides greater scope for what might amount to market abuse, UK regulator says
- By: James Langton
- June 13, 2008 June 13, 2008
- 09:35
SEC staff recommends overhaul of oil and gas reporting requirements
Staff of the U.S. Securities and Exchange Commission are seeking to modernize the reporting requirements for oil and gas companies.The existing requirements concerning oil and…
- By: James Langton
- June 12, 2008 June 12, 2008
- 15:10
Disclosure regime for principal protected notes published
The new federal disclosure regime governing principal-protected notes was published today in the Canada Gazette.The new regime, which takes effect July 1, updates a disclosure…
- By: James Langton
- June 11, 2008 June 11, 2008
- 10:55
Manitoba regulator introduces new tool to fight investment fraud
Interactive DVD shows negative consequences of falling victim to a scam
- By: James Langton
- June 11, 2008 June 11, 2008
- 09:40
Inter-agency task force to study commodity markets
The U.S. Commodity Futures Trading Commission announced the formation of an inter-agency task force to evaluate developments in commodity markets.The CFTC says that the group…
- By: James Langton
- June 10, 2008 June 10, 2008
- 13:50
Ontario passes payday loans legislation
New law requires licensing of all payday lending industry operators and bans controversial lending practices
- By: James Langton
- June 10, 2008 June 10, 2008
- 09:20
CFTC committee to discuss energy markets
Industry to provide views on index trading and energy trading on foreign boards of trade
- By: James Langton
- June 9, 2008 June 9, 2008
- 15:30
IIROC opens shop
IDA, RS combine to form Investment Industry Regulatory Organization of Canada
- By: IE Staff
- June 9, 2008 June 9, 2008
- 11:15
OSFI issues draft advisory on innovative Tier 1 capital instruments
Regulator enhances disclosure requirements
- By: James Langton
- June 9, 2008 June 9, 2008
- 10:16
Police charge Toronto fund salesman with fraud
Client funds not invested as promised, police say
- By: James Langton
- June 8, 2008 June 8, 2008
- 13:20
OSC wins investor education award
Regulator reached 16,900 of people with 54 presentations, NASAA says
- By: IE Staff
- June 6, 2008 June 6, 2008
- 08:55
Court approves ABCP plan
Restructuring plan expected to be completed by end of June
- By: IE Staff
- June 6, 2008 June 6, 2008
- 08:10
Central bank makes change in eligibility requirements for NHA MBS
The Bank of Canada announced a change in the eligibility requirements for certain securities pledged as collateral under its Standing Liquidity Facility.Effective immediately, the minimum…
- By: James Langton
- June 5, 2008 June 5, 2008
- 15:35