Four U.S. brokerages hit with total of US$20 million in fines
NASD says firms improperly priced corporate bonds, kept inadequate records
- By: James Langton
- July 28, 2004 July 28, 2004
- 10:54
Latest news in From the Regulators
Ottawa committed to pensions, income trust issue
Finance Minister Ralph Goodale has reiterated his government’s commitment to dealing with the perceived tax leakage from income trusts.Goodale’s first budget, brought down last March,…
- By: IE Staff
- July 28, 2004 July 28, 2004
- 10:36
Verbeek-Bruce hearings rescheduled
Moved to September and November, respectively
- By: IE Staff
- July 27, 2004 July 27, 2004
- 13:39
Retail clients not always treated fairly: FSA
Britain’s Financial Services Authority says its latest research shows that retail financial firms fall short in their efforts to give retail clients a fair deal.In…
- By: James Langton
- July 27, 2004 July 27, 2004
- 09:52
SEC, NYSE settles with two front-running firms
Firms to pay US$5.2 million in penalties and disgorgement
- By: IE Staff
- July 26, 2004 July 26, 2004
- 12:57
Canaccord fulfills Tolpinrud settlement agreement
Additional disgorgements made
- By: IE Staff
- July 22, 2004 July 22, 2004
- 15:55
SEC releases proposed rules governing registration of hedge fund advisors
Regulator says 50% of advisors are currently registered
- By: IE Staff
- July 21, 2004 July 21, 2004
- 14:50
MFDA announces chairmen for regional councils
The Mutual Fund Dealers Association has named chairmen and vice chairmen for each of its four regional councils. The regional councils will provide regional representation…
- By: James Langton
- July 20, 2004 July 20, 2004
- 14:55
AMF grants SRO status to IDA
Approval streamlines Quebec's regulatory framework
- By: IE Staff
- July 20, 2004 July 20, 2004
- 10:50
NASD sanctions Citigroup, Merrill Lynch, Morgan Stanley
Three firms fined US$250,000 each for failing to comply with their discovery obligations
- By: IE Staff
- July 19, 2004 July 19, 2004
- 14:55
Province sets Oct. 18 date for report on Ontario regulatory system
Provincial committee struck to review recommendations of Crawford report
- By: James Langton
- July 19, 2004 July 19, 2004
- 10:11
FSA looks to speed up enforcement procedures
British regulator acknowledges need to act faster
- By: James Langton
- July 16, 2004 July 16, 2004
- 10:48
CSA to conduct harmonized reviews of continuous disclosure records
New CD rule took effect March 30
- By: James Langton
- July 16, 2004 July 16, 2004
- 10:14
Court blocks sale of property by B.C. advisor under investigation
BCSC hearing scheduled for September
- By: James Langton
- July 16, 2004 July 16, 2004
- 08:30
OSC mulling over new rules for scholarship plans
Review uncovers problems with compliance
- By: James Langton
- July 15, 2004 July 15, 2004
- 12:30
OSC sets hearing for Jefferson Banfield
Alleges trading ahead of a private placement
- By: IE Staff
- July 15, 2004 July 15, 2004
- 11:35
OSC disclosure committee members appointed
Two-year terms for members
- By: IE Staff
- July 14, 2004 July 14, 2004
- 10:59
Former CIBC exec settles with SEC over loans to Enron
A former managing director with Canadian Imperial Bank of Commerce agreed to pay US$528,750 to settle Securities and Exchange charges brought in connection with the…
- By: IE Staff
- July 14, 2004 July 14, 2004
- 08:50
Organizing a meeting doesn’t mean furthering a trade: OSC
An Ontario Securities Commission hearing panel has ruled that merely arranging a meeting to hear about a possible investment opportunity does not necessarily constitute “acting…
- By: IE Staff
- July 13, 2004 July 13, 2004
- 15:28
Piper Jaffray fined for “spinning” IPOs
The National Association of Securities Dealers has censured and fined Piper Jaffray & Co. US$2.4 million for engaging in “spinning” initial public offerings. The Washington-based…
- By: IE Staff
- July 12, 2004 July 12, 2004
- 16:39
OSFI issues guideline to combat money laundering, terrorist financing
Financial institutions’ reputations, operations at risk, office says
- By: James Langton
- July 12, 2004 July 12, 2004
- 16:31
Hamilton broker banned for life
Robert Binnington cheated clients out of a total of US$1.2 million and $410,000
- By: IE Staff
- July 12, 2004 July 12, 2004
- 15:26
FSCO outlines new monitoring model for DB pension plans
Aim is to reduce risk plan members will not receive benefits promised
- By: IE Staff
- July 12, 2004 July 12, 2004
- 13:48
Changes would speed up course registration process
IDA wants to recognize additional course, eliminate duplication
- By: James Langton
- July 12, 2004 July 12, 2004
- 12:38
OSC approves day-trading rules
Only one comment letter received, from Swift Trade Securities Inc.,
- By: James Langton
- July 12, 2004 July 12, 2004
- 10:47