The U.S. Securities and Exchange Commission is seeking public comment on possible revisions to its disclosure requirements for oil and gas reserves.The concept release poses…
Desjardins Securities duo failed to know their clients and properly monitor and assess their trading
Former Norbourg CEO Vincent Lacroix was found guilty of 51 fraud charges in Montreal today.Quebec provincial court Judge Claude Leblond handed down the verdict.Lacroix, the…
SRO rules that limit advertising, set prices for services and restrict who can offer professional services may go further than necessary to protect the public
Goal is to streamline filing of insider reports
The Mutual Fund Dealers Association of Canada has published a report on the design and operation of its contingency fund.The MFDA Investor Protection Corp. was…
Alberta’s Superintendent of Insurance has announced sanctions against two insurers.The regulator said it has issued penalties of $114,000 against ING Insurance Co. of Canada and…
Beck hearing scheduled for January
A former Morgan Stanley financial analyst, and her husband, each received 18 months in prison for insider trading and tipping.Michael Garcia, the US Attorney for…
Broker fired from Research Capital and Jennings Capital
Model will favour UK-style principles-based regulation
Bahcheli reasonably relied on legal advice regarding solicitor-client privilege and privacy issues, panel finds
A hearing panel of the Investment Dealers Association of Canada has expelled Graydon Elliott Capital Corp. from its membership.In its decision dated October 29 the…
The UK’s Financial Services Authority is urging lenders to protect themselves against a possible worsening of liquidity and credit risks. Speaking at the Council of…
Directors to serve two-year terms
Youden failed to supervise Bagnell
Rempel raised $3.6 million through illegal trades and distributions of various securities
The Investment Funds Branch of the Ontario Securities Commission has published the second issue of its newsletter for the fund industry, the Investment Funds Practitioner.The…
A majority of members of the Public Service Alliance of Canada have voted in favour of accepting a tentative agreement with the Canada Revenue Agency.…
The federal Department of Finance has established an advisory panel to consider ways to improve the fairness and competitiveness of Canada’s system of international taxation.The…
The European Central Bank announced that it will be taking added measures to ensure banking system liquidity over the holidays.The ECB’s governing council decided, by…
The North American Securities Administrators Association says that the current securities industry regulatory structure doesn’t need any major changes.In a submission to the U.S. Department…
Commission seeks investor input on proposal to improve mutual fund disclosure
Previous settlement rejected by panel
Regulator alleges Badshah committed fraud