U.S. bank pleads guilty to securities fraud
Sanctions softened to avoid putting bank out of business
- By: James Langton
- March 16, 2023 March 16, 2023
- 15:55
Latest news in From the Regulators
Bank exec pleads guilty to obstructing fake account inquiry
Former Wells Fargo EVP agrees to ban, US$17-million penalty in deal with regulators, authorities
- By: James Langton
- March 15, 2023 March 15, 2023
- 17:31
SEC seeks stouter cyber defences
Regulator's proposal aims to address concerns about systemic cyber events
- By: James Langton
- March 15, 2023 March 15, 2023
- 15:37
Court dismisses challenge to raising retirement age
Decision upholds lower court ruling in favour of pension plan, trustees
- By: James Langton
- March 15, 2023 March 15, 2023
- 14:40
SRO panel laments remote hearing challenges
Panel concluded that rep was participating in proceeding anonymously
- By: James Langton
- March 14, 2023 March 14, 2023
- 17:59
SEC lawyer turned fraudster guilty, again
Pair pleaded guilty in penny stock fraud scheme
- By: James Langton
- March 14, 2023 March 14, 2023
- 15:43
European regulators seek climate data for structured products
Investors and supervisors need data on underlying assets, regulators say
- By: James Langton
- March 13, 2023 March 13, 2023
- 16:15
Former fund rep’s suit against Quebec regulator tossed
Quebec court cites statutory immunity in dismissing claim
- By: James Langton
- March 13, 2023 March 13, 2023
- 15:51
Former fund rep sanctioned for loans from clients
Rep fined, banned after borrowing from clients, misleading dealer
- By: James Langton
- March 10, 2023 March 10, 2023
- 19:12
Wall Street traders get jail for spoofing
Traders sought to manipulate commodity futures markets, DoJ said
- By: James Langton
- March 10, 2023 March 10, 2023
- 16:39
Anti-greenwashing efforts carry cost, risk for fundcos
Despite risks, lure of flows, revenues expected to keep managers keen on green funds: Fitch
- By: James Langton
- March 10, 2023 March 10, 2023
- 15:10
Ex-Goldman banker gets 10 years in 1MDB case
Conviction on corruption and money laundering charges involved Malaysian sovereign wealth fund
- By: James Langton
- March 9, 2023 March 9, 2023
- 17:41
SEC sanctions Canadian firm in stock sale scheme
U.S. regulator alleged micro-cap CEO dumped shares on unsuspecting investors
- By: James Langton
- March 9, 2023 March 9, 2023
- 17:11
BCSC sanctions company over illegal distribution
Company sold shares to a vulnerable investor without a prospectus or exemption
- By: James Langton
- March 9, 2023 March 9, 2023
- 15:54
Wanted: More whistleblowers, bigger awards
OSC touts success of tip line, hopes to expand its reach
- By: James Langton
- March 9, 2023 March 9, 2023
- 14:25
Hundreds of Ontario insurance agents targeted for CE non-compliance
A FSRA review resulted in 445 letters of warning for failing to complete continuing education hours
- By: IE Staff
- March 9, 2023 March 9, 2023
- 13:35
Industry ill-prepared for T+1
Survey finds over half of buy-side firms haven't started work on transition
- By: James Langton
- March 8, 2023 March 8, 2023
- 17:26
New SRO panel rejects proposed settlement
The case can either proceed to a contested hearing or the two sides may seek a new deal
- By: James Langton
- March 8, 2023 March 8, 2023
- 12:56
Bank of Canada holds key rate for first time in a year, leaves door open to hikes
The economy has generally moved in the right direction for the bank as it aims to slow activity
- By: Nojoud Al Mallees, Canadian Press
- March 8, 2023 March 8, 2023
- 10:36
OSFI fires first salvo on climate risk
Regulator issues initial guidance targeting financial firms' climate risk management, governance
- By: James Langton
- March 7, 2023 March 7, 2023
- 12:35
SEC alleges fraud at crypto fund adviser
Regulator claims millions are missing after funds used in Ponzi-style payments
- By: James Langton
- March 6, 2023 March 6, 2023
- 16:54
Digital bank fined by FINTRAC
WealthOne paid $676,500 penalty amid compliance lapses
- By: James Langton
- March 6, 2023 March 6, 2023
- 16:40
Nickel market outage under investigation by FCA
Regulator confirms enforcement inquiry into extended LME closure
- By: James Langton
- March 3, 2023 March 3, 2023
- 15:27
RBC faces another vacation pay class action
Bank's P&C advisors seek holiday pay on their variable compensation
- By: James Langton
- March 3, 2023 March 3, 2023
- 13:15