The guidance spells out what firms should do relating to the cost disclosure and performance reporting provisions, which will be in force on July 15
The final amendments to the trading rules will introduce a cap on active trading fees and a methodology for setting data fees
A CSA consultation paper will be published at the end of April
The measures aim to increase the accuracy, accountability and reliability of the proxy voting process
As the trading platforms are often based overseas and money is moved out of Canada, it’s almost impossible to recover assets if something goes wrong, the CSA states
Canadian regulators levied much more in monetary penalties and ordered more disgorgement and compensation in 2015
Canada’s provincial regulators also published final amendments to the “early warning” system on Thursday
The revised scope of application addresses concerns of market participants regarding indirect clearing
Illegal distribution cases remain the biggest issue for regulators
Edwin Weinstein and Douglas Cumming explained the results of their work in a webinar, but steered clear of suggesting specific regulatory intervention