Sentencing followed long-running scheme that diverted more than $10.7 million of investor funds
NovaTech allegedly took more than US$650 million from investors globally
Charges followed JSOT investigation into investment scheme
Regulators adopt temporary measure to expand capital raising options
CSA research details the evolution of fund costs in the face of transparency reforms
Regulators to boost fee transparency, explore enhanced retail access
Over $3.4 million of investors' money was diverted to undisclosed uses, regulators found
After pilot program, ASC, FCAA maintain exemption based on financial knowledge
Regulator withdrew certain allegations, and a hearing panel rejected others
Regulators seek to combat fund industry greenwashing risks