The U.S. Securities and Exchange Commission reported that it has distributed US$31.5 million to more than 150,000 investors who were harmed by undisclosed mutual fund…
The Mutual Fund Dealers Association of Canada has announced four new members of its Policy Advisory Committee.The MFDA PAC provides advice, comments and reports to…
Rusnak acting as director for nine issuers despite 20-year prohibition, judge finds
Mendelson pleads guilty to fraud
Principles aimed at strengthening controls, oversight and independence of the valuation process
MFDA hearing panel approves settlement agreement with Moro
Action follows 20-year ban imposed by BCSC
Two of the bank-owned fund companies have received regulatory relief allowing their funds to continue trading mortgages and mortgage-backed securities with their affiliates.In decisions reported…
Harmonized rule removes detailed bid provisions from statutes and substitutes general “platform” provisions
Regulator finds non-registered individuals providing account services and advice to clients
Rules would require investors receive clear, concise summary of key fund information
The U.S. Securities and Exchange Commission voted unanimously to approve rule amendments allowing financial statements from foreign private issuers to be accepted without reconciliation to…
FSA bans fixed income trader from carrying out regulated activities
Superintendent of Pensions investigating
The U.S. Commodity Futures Trading Commission has adopted regulatory amendments that codify its longstanding exemption policy towards foreign brokers. The CFTC says that the amendments…
Division of Trading and Markets better reflects unit’s responsibilities
Evans ordered to pay $180,000
Bill 19 makes it easier for an investor to sue for damages regarding improper disclosure
The board of the Investment Dealers Association of Canada has approved changes to proficiency requirements for futures contract portfolio managers.The rule changes add an educational…
FSA consultation paper paper proposes two alternative approaches to securing greater disclosure
The North American Securities Administrators Association is soliciting comment on a proposed model rule concerning the use of senior-specific certifications and professional designations. The proposed…
The Investment Dealers Association of Canada has published for comment proposed complaint-handling rules.The IDA’s proposed rule seeks to establish specific requirements for the client complaint…
Maitland Capital president ordered to pay $290,000 penalty
Canada is lagging a number of Asian countries
Regulator recommends firms adopt key practices