Use of pre-signed forms is against the rules, MFDA warns
Forms may be evidence that a rep is engaging in discretionary trading
- By: James Langton
- October 31, 2007 October 31, 2007
- 15:55
Latest news in From the Regulators
Quebec seeks input on business investment, rate setting
Province establishes two economic task forces
- By: James Langton
- October 31, 2007 October 31, 2007
- 13:40
BCSC proposes new rules for U.S. OTC issuers and dealers
The BCSC is inviting comments on the proposed rules until the end of the year
- By: IE Staff
- October 30, 2007 October 30, 2007
- 15:20
U.S. regulators gear new initiative to broker-dealer firms
The program will help compliance chiefs ensure effective communication about compliance and maintain effective controls at their firms
- By: James Langton
- October 30, 2007 October 30, 2007
- 12:38
FINRA fines Oppenheimer $1 million
Firm submitted mutual fund breakpoint data it knew was inaccurate
- By: James Langton
- October 30, 2007 October 30, 2007
- 10:21
BCSC hosts Capital Ideas conference
Expert panel to debate how to improve Canadian securities enforcement
- By: IE Staff
- October 29, 2007 October 29, 2007
- 14:20
ASC seeks permanent cease trade order against B.C. resident
Alberta Securities Commission staff are seeking to ban Brian David Anderson of White Rock, British Columbia from Alberta capital markets.In a notice of hearing, ASC…
- By: IE Staff
- October 29, 2007 October 29, 2007
- 12:20
FINRA fines UBS US$370,000 for late reporting, failing to report broker information
The U.S. Financial Industry Regulatory Authority today censured and fined UBS Financial Services, Inc. US$370,000, for making hundreds of late disclosures to FINRA’s Central Registration…
- By: James Langton
- October 25, 2007 October 25, 2007
- 15:10
SROs working on new standards for complaint handling, investors told
Investor Forum marks second meeting between regulators and investors
- By: James Langton
- October 25, 2007 October 25, 2007
- 09:20
RS outlines expectations regarding compliance with “best price” obligations
Firms have an obligation to execute against better-priced orders on CNQ, Pure, TSX and TSXV before executing at an inferior price
- By: James Langton
- October 24, 2007 October 24, 2007
- 15:50
FINRA funds research to improve disclosure of financial product information
Project will research how to mitigate common errors made by individual investors
- By: James Langton
- October 23, 2007 October 23, 2007
- 14:50
MFDA panel rejects settlement with Berkshire
Proposed agreement concerned allegations that Berkshire failed to conduct reasonable supervisory investigations of the activities of former rep Thow
- By: James Langton
- October 23, 2007 October 23, 2007
- 07:35
ASC seeks ban against B.C. businessman
Alberta egulator looking for similar sanctions imposed by BCSC
- By: IE Staff
- October 19, 2007 October 19, 2007
- 10:15
Credit unions contribute record amount to community projects in 2006
$34.7 million donated to community efforts
- By: IE Staff
- October 18, 2007 October 18, 2007
- 09:20
AMF report refutes need for single securities commission
Excessive cost of existing Canadian securities regulation is highly debatable, report says
- By: James Langton
- October 17, 2007 October 17, 2007
- 16:15
Industry-wide business continuity test a success, IDA says
More complex tests involving more participants under discussion
- By: James Langton
- October 17, 2007 October 17, 2007
- 16:10
Former Berkshire salesperson committed fraud, BCSC panel finds
A British Columbia Securities Commission panel has found that Ian Gregory Thow, a former mutual fund salesperson with Berkshire Investment Group Inc., perpetrated a multi-million…
- By: IE Staff
- October 17, 2007 October 17, 2007
- 09:55
NASAA examinations identify advisor deficiencies
Securities regulators update best practices to help advisors strengthen compliance procedures
- By: James Langton
- October 16, 2007 October 16, 2007
- 07:45
Nortel Networks pays US$35 million to settle financial fraud charges with SEC
Nortel will provide quarterly written reports detailing its progress in implementing its remediation plan
- By: James Langton
- October 15, 2007 October 15, 2007
- 13:40
CSA amends standards of disclosure for oil and gas activities
The Canadian Securities Administrators is implementing amendments to the national rule that sets standards of disclosure for oil and gas activities.The CSA adopted the rule,…
- By: James Langton
- October 14, 2007 October 14, 2007
- 15:50
Danier Leather did not mislead investors: Supreme Court
Court dismisses class action
- By: IE Staff
- October 12, 2007 October 12, 2007
- 14:50
ASC launches investor awareness campaign
“Check First” focuses on impact of an unsafe investment
- By: IE Staff
- October 12, 2007 October 12, 2007
- 11:25
FINRA rolls out small firm emergency partner program
Voluntary initiative designed to help firms serve customers during disruptions
- By: James Langton
- October 11, 2007 October 11, 2007
- 15:20
Court orders CIBC to pay costs in mortgage default case
An Ontario Superior Court judge has denied CIBC’s motion for costs in a mortgage default case, ordering costs for the defendant instead, branding the bank’s…
- By: James Langton
- October 11, 2007 October 11, 2007
- 14:55
Appeal court upholds BCSC penalty against Seifert
$450,000 administrative penalty was negotiated before court established $100,000 maximum limit
- By: James Langton
- October 11, 2007 October 11, 2007
- 12:35