Says OSC “raising false alarms” over its deregulation plans
Asks for co-operation in delaying non-urgent matters
Failed to adequately supervise certain accounts
Trading ban in effect until Jan. 31 at least
Davies reprimanded for inflated account statements
OSC team identifies common failings
Fractured regulatory system fosters fragmentation says Brown
Model undermines progess to harmonization says Brown
But must register as a limited market dealer in six months in some provinces
The Ontario Securities Commission has unveiled three proposed rules it says are the latest efforts to reassure investors in the wake of U.S. financial reporting scandals.The new rules require: the CEO and chief financial officer of publicly traded companies to personally certify four times a year that their issuers’ annual and interim filings do not […]