OSFI effective, but needs improvement
Report reveals that OSFI needs to improve its ability to deal with emerging actuarial issues among others
- By: James Langton
- May 3, 2007 May 3, 2007
- 11:25
Latest news in From the Regulators
SIFMA in favour of moving to principles-based regulation
Focusing on outcomes rather than processes is the best way to ensure that regulation works, it says
- By: James Langton
- May 3, 2007 May 3, 2007
- 10:55
Firm fined for providing investment advice without being registered
The New Brunswick Securities Commission has ordered Baskin Financial Services Inc. to pay an administrative penalty of $35,000, $3,600 in past registration fees plus costs…
- By: James Langton
- May 3, 2007 May 3, 2007
- 09:35
IDA clarifies training program requirement for certain registered reps
Registration applicants could be exempt from the 30-day or 90-day training programs if they meet certain criteria
- By: James Langton
- May 2, 2007 May 2, 2007
- 15:25
A.G. Edwards & Sons settles with SEC
The St. Louis broker-dealer will have to pay a total of almost US$4 million for failing to supervise some registered rep
- By: James Langton
- May 2, 2007 May 2, 2007
- 14:53
OSFI warns firms on new institutional trade matching rule
Firms must now establish, maintain and enforce policies and procedures designed to achieve matching of institutional trades on the day the trade was executed
- By: James Langton
- May 2, 2007 May 2, 2007
- 10:52
OSFI to be lax on equity investment limits in new accounting standards
The regulator intends to advance recommendations to address unintended impact of new standards
- By: James Langton
- May 1, 2007 May 1, 2007
- 11:20
U.S. regulator, exchange fine and suspend two traders
Klaus Offenbacher and Bruce Kaminski artificially increased the market price of a stock
- By: James Langton
- April 30, 2007 April 30, 2007
- 15:44
SEC chairman discusses future collaboration with European regulators
Discussion focused on developments in international and U.S. accounting standards
- By: James Langton
- April 29, 2007 April 29, 2007
- 16:20
OSC seeks comments on priorities for year ahead
The commission is seeking to beef up its enforcement abilities and its efforts to protect retail investors
- By: James Langton
- April 29, 2007 April 29, 2007
- 15:45
Regulators grant IRC relief
Fund manager is given until Oct. 1 to terminate funds, offer new ones under exemptions
- By: James Langton
- April 27, 2007 April 27, 2007
- 16:03
Regulators grant exemption to investment fund from certain reporting obligations
But the fund must provide alternative discloser outlining cost of investments, among others
- By: James Langton
- April 27, 2007 April 27, 2007
- 15:43
Mutual fund sales practices rule will not be revised, OSC says
Rule strikes “the right balance between protecting investors, and fostering fair and efficient capital markets”
- By: James Langton
- April 27, 2007 April 27, 2007
- 15:18
TSX amends issuer bid policy
Amendments don’t include rules for derivatives and accelerated buy backs in connection with normal course issuer bids
- By: James Langton
- April 27, 2007 April 27, 2007
- 15:17
SEC announces US$79 million fair fund distribution in Edward Jones revenue sharing settlement
Beneficiaries were victims of Edward Jones’ failure to adequately disclose revenue payments from a select group of mutual fund companies
- By: James Langton
- April 27, 2007 April 27, 2007
- 07:40
OSC working to improve investment fund disclosure
Too easy for investors to be drowned out in a chorus of well-financed voices, Wilson laments
- By: James Langton
- April 26, 2007 April 26, 2007
- 17:50
U.S. SEC, German counterpart sign co-operation agreement
Agreement provides clear mechanisms for consultation, co-operation and exchange of information between the two agencies
- By: James Langton
- April 26, 2007 April 26, 2007
- 15:56
SEC announces next steps relating to international financial reporting standards
U.S., UK regulators sign protocol for sharing information on application of IFRS
- By: James Langton
- April 25, 2007 April 25, 2007
- 15:50
Ontario compensates victims of unlawful activity
More than $600,000 distributed under Civil Forfeiture Law
- By: James Langton
- April 25, 2007 April 25, 2007
- 10:55
IDA panel finds Octagon guilty of facilitating illegal private placement distribution
Two other charges not supported by evidence
- By: IE Staff
- April 24, 2007 April 24, 2007
- 12:40
Touting “China” stocks latest “Pump and Dump” scheme, NASD alert says
Most of the companies being peddled are not even incorporated in China
- By: James Langton
- April 23, 2007 April 23, 2007
- 15:25
CSA renews terms of chairman, vice chairman
St-Gelais, Murray to serve two more years
- By: IE Staff
- April 23, 2007 April 23, 2007
- 11:20
FSA sets out future of regulation
The UK’s Financial Services Authority published a paper today setting out its current thinking on its move towards a more-principles-based regulatory regime. The paper accompanies…
- By: James Langton
- April 23, 2007 April 23, 2007
- 10:45
Financial institution reforms come into force
Canadian financial institutions can add more foreign experts to their boards
- By: IE Staff
- April 22, 2007 April 22, 2007
- 12:40
CSA seeks comment on trading rule ammendments
Joint notice with RS outlines proposal for trade-through regime
- By: IE Staff
- April 20, 2007 April 20, 2007
- 10:20