Tang in court on fraud charges
Regulators allege Ponzi scheme defrauded victims of $30 million
Tang says he’s committed no crime
Toronto police issue arrest warrant
Largest penalty slapped on National Bank Financial
The Canadian PressTwo major financial institutions accused of misdealings in the asset-backed commercial paper market will have to dole out $28 million in fines and costs, in a settlement reached with the Ontario Securities Commission on Monday.CIBC World Markets (TSX:CM) will pay a fine of $21.7 million, plus $300,000 for the cost of the investigation, […]
Regulator plans to conduct compliance review of corporate governance disclosure
IIROC to review settlements with Canaccord, Credential, and Scotia Capital
Commission outlines annual priorities ahead of schedule, calls for feedback
Regulator alleges shortcomings in firm’s disclosure