U.S. regulators settle US$600 million case with Prudential Equity Group
SEC also files unsettled civil injunctive action against several former Prudential registered reps
- By: James Langton
- August 28, 2006 August 28, 2006
- 14:02
Latest news in From the Regulators
New ComSet system to be ready soon
Core functions will remain the same but there will be some new capabilities
- By: James Langton
- August 28, 2006 August 28, 2006
- 07:21
Regulators seek comment on investor protection rule
Instrument designed to provide harmonization, opportunity to make minor enhancements and consequential amendments
- By: James Langton
- August 25, 2006 August 25, 2006
- 13:41
Regulators approve Basic Market Rate Methodology
IDA will use methodology to determine margin rates for certain equity securities listed in Canadian and U.S. markets
- By: James Langton
- August 25, 2006 August 25, 2006
- 13:36
IDA calls proposed new derivatives regulation proposal “promising”
AMF paper proposed principles-based regime earlier this year
- By: James Langton
- August 24, 2006 August 24, 2006
- 16:12
Former broker fined $86,720 for tax evasion
Quebec man failed to report $498,000 of income
- By: IE Staff
- August 23, 2006 August 23, 2006
- 10:45
IDA panel dismisses motion filed by former B.C. rep
Regulator has jurisdiction over former approved persons, panel finds
- By: IE Staff
- August 21, 2006 August 21, 2006
- 15:30
IDA issues reminder on improper sales practices
CNQ seeking approval to repeal Rule 10
- By: IE Staff
- August 21, 2006 August 21, 2006
- 10:10
ASC reports loss for Q1
Loss significantly less than targeted by provincial budget
- By: James Langton
- August 14, 2006 August 14, 2006
- 07:50
NASD fines Citigroup US$400,000
Citigroup also ordered to review its policies, systems, procedures and training relating to sales charge waivers in mutual fund transactions
- By: James Langton
- August 10, 2006 August 10, 2006
- 15:31
AMF urges financial sector to plan for flu pandemic
Issues guide to help institutions prepare
- By: James Langton
- August 9, 2006 August 9, 2006
- 15:10
SEC offers further relief from SOX compliance for smaller companies, foreign private Issuers
Regulator pushes back initial compliance date
- By: James Langton
- August 9, 2006 August 9, 2006
- 14:10
NASD fines four ING broker-dealers US$7 million
Brokerages used directed brokerage commissions as incentives
- By: James Langton
- August 9, 2006 August 9, 2006
- 10:40
NYSE fines RBC Capital Markets US$80,000
Firm broke proxy-handling rules
- By: James Langton
- August 9, 2006 August 9, 2006
- 10:30
NYSE Regulation approves new arbitration process
Now, claims less than US$200,000 will be decided by a single public arbitrator
- By: James Langton
- August 8, 2006 August 8, 2006
- 10:46
OSC orders changes in bid for Sears Canada
Takeover bid by Sears Holdings halted
- By: IE Staff
- August 8, 2006 August 8, 2006
- 10:30
NYSE Regulation fines A.G. Edwards & Sons
The firm charged excessive fees and improperly maintained customers in non-managed fee-based accounts
- By: James Langton
- August 8, 2006 August 8, 2006
- 10:18
SEC gives up on proposed hedge fund registration rule
But U.S. regulator is moving forward on new proposals, including a new anti-fraud rule
- By: James Langton
- August 8, 2006 August 8, 2006
- 10:11
Martha Stewart, broker settle with SEC
Stewart also agrees to five-year ban from serving as a director of a public company
- By: James Langton
- August 8, 2006 August 8, 2006
- 10:00
Income trusts must improve disclosure, CSA says
Distributable cash disclosure in Management’s Discussion and Analysis, in particular, needs improvement
- By: James Langton
- August 7, 2006 August 7, 2006
- 15:20
BCSC dismisses sanctions application
Insufficient evidence to prove allegations against B.C. businessman Daryl Desjardins
- By: IE Staff
- August 4, 2006 August 4, 2006
- 09:11
NASD fines BRUT LLC for rule violations
BRUT published order execution reports with critical errors for almost five years
- By: James Langton
- August 3, 2006 August 3, 2006
- 15:30
CRA, IRS unravel cross-border tax scheme
Investors purchased high-yield, offshore investments using allegedly tax free cash or proceeds from withdrawals of retirement funds
- By: IE Staff
- August 3, 2006 August 3, 2006
- 11:09
ASC publishes proposed amendments for new civil liability regime
Legislation is expected to take effect at yearend
- By: James Langton
- August 2, 2006 August 2, 2006
- 15:34
Cross-Atlantic financial reporting en route to becoming a reality
SEC, CESR joint plan will be implemented immediately
- By: James Langton
- August 2, 2006 August 2, 2006
- 15:09