The Ontario Securities Commission has issued its’ reasons for denying continued registration to a fund dealer that has not yet been accepted into the Mutual…
New agency has $60 million annual budget
Amendments intended to reduce compliance costs
FDM shifts regulatory focus from products to relationships
Restrictions eased for fund companies, LSIFs
Faces minimum fine of $25,000 if found guilty on all counts
Direct settlement between reps and clients prohibited
Regulator sharing information with U.S. authorities
Dealer to appeal to decision
New date to be announced
Provinces discussing both single regulator and passport system
New rules effective March 30
AIMR polls members of the year ahead
Will consider whether to ban Glen Harper from trading, serving as director or officer
Scams involving mutual fund practices, senior investment fraud, and variable annuities new to list in 2004
Canada ill-prepared to handle financial scandal
Amendments designed to enhance fund governance
Special committee to consider costs, benefits
Court finds error in legal definition
Savings come from dropping constraints on related party transactions
Applicants would only have to file with one regulator
CSA seeks comment on independent review committee proposal
Conference planned for January 30
2003 a busy year for securities industry regulator
Boyle brothers fail to appear in court