Cannabis company, ex-CEO settle OSC allegations
Sanctions include market bans, costs, but no financial penalties
- By: James Langton
- November 4, 2022 November 4, 2022
- 16:00
Latest news in From the Regulators
OBSI undertakes governance reform consultation
Review considers doing away with dedicated directors, alternate input mechanisms
- By: James Langton
- November 4, 2022 November 4, 2022
- 15:07
AMF secures injunction against fraudsman
Quebec regulator alleges man is using fake documents to dupe victims again
- By: James Langton
- November 4, 2022 November 4, 2022
- 14:38
Failed leverage strategy ends in sanctions
MFDA panel fines, bans rep after finding numerous violations
- By: James Langton
- November 3, 2022 November 3, 2022
- 16:13
Junior miner, execs sanctioned for disclosure lapses
Firm failed to disclose status of mining rights in Peru, OSC alleged
- By: James Langton
- November 3, 2022 November 3, 2022
- 08:31
SEC proposes tougher liquidity rules for funds
Rules aim to make it easier for funds to meet redemptions amid market stress
- By: James Langton
- November 2, 2022 November 2, 2022
- 15:31
Reps’ retirement poses risks to clients
FINRA issues new guidance on brokerage business succession planning
- By: James Langton
- November 2, 2022 November 2, 2022
- 14:42
Convicted fraudster accused of duping brokers
Ponzi schemer exploited brokers' instant credit policies, SEC alleges
- By: James Langton
- October 31, 2022 October 31, 2022
- 15:12
SEC tipster gets US$10 million reward
Resulting enforcement action led to investor recovery, the regulator said
- By: James Langton
- October 31, 2022 October 31, 2022
- 12:41
Amid growing criticism, Macklem says Bank of Canada’s independence not under threat
Forecasters are expecting higher interest rates to trigger a recession
- By: Nojoud Al Mallees, Canadian Press
- October 31, 2022 October 31, 2022
- 11:02
Crypto platform banned, sanctioned
Poloniex platform sanctioned for unregistered trading with investors in Ontario
- By: James Langton
- October 28, 2022 October 28, 2022
- 16:26
Ex-rep sanctioned after ignoring red flags
Settlement follows violations including overlooking suspicious trading activity
- By: James Langton
- October 28, 2022 October 28, 2022
- 15:32
FCAC sanctions CIBC for loan disclosure failings
Certain fees were not disclosed to borrowers for almost 20 years, regulator alleged
- By: James Langton
- October 28, 2022 October 28, 2022
- 10:32
IIROC enforcement fund approved for SRO integration costs
SRO gets green light to help finance initial merger costs
- By: James Langton
- October 27, 2022 October 27, 2022
- 16:54
More women on boards, but not in top role
More directors are female, but few lead boards — and fewer still are CEOs
- By: James Langton
- October 27, 2022 October 27, 2022
- 15:56
Court asks for evidence of closet indexing
Plaintiffs in proposed class action must show that active funds tracked index
- By: James Langton
- October 27, 2022 October 27, 2022
- 15:28
ESMA steps up scrutiny of ESG disclosure
Fight against greenwashing replaces retail investor costs as regulators' top priority
- By: James Langton
- October 27, 2022 October 27, 2022
- 13:26
Universal life shouldn’t be universally recommended, regulator says
At an annual Advocis event, FSRA raised concern about sales incentives being misaligned with customer needs
- By: Greg Meckbach
- October 27, 2022 October 27, 2022
- 11:32
SEC adopts exec comp clawbacks
New rules require exchanges to adopt listing standards that set provisions for clawing back pay earned through misconduct
- By: James Langton
- October 26, 2022 October 26, 2022
- 15:23
SEC beefs up fund cost, performance reporting rules
Rules streamline fund reports, call for truth in advertising on fees
- By: James Langton
- October 26, 2022 October 26, 2022
- 15:00
FCA examines big tech’s role in financial sector
Consultation considers impact of tech giants on competition, consumers
- By: James Langton
- October 26, 2022 October 26, 2022
- 13:03
Heather Zordel resigns as chair of Ontario Securities Commission
Zordel was the first chair of the provincial securities regulator under its new structure
- By: The Canadian Press
- October 25, 2022 October 25, 2022
- 15:44
The lurking risk of greenwashing in Canadian funds
DBRS finds wide divergence in sustainable investing approaches and transparency
- By: James Langton
- October 25, 2022 October 25, 2022
- 15:26
OSC tests out education, experience exemption
The pilot program expands accredited investor exemptions beyond financial metrics
- By: James Langton
- October 25, 2022 October 25, 2022
- 14:44
FCA proposes anti-greenwashing rules
The proposals would restrict the use of "green" terms and set disclosure rules
- By: James Langton
- October 25, 2022 October 25, 2022
- 14:19