Regulators to prep industry for forthcoming conduct regime
Following CBCA changes and CSA discussions, the government is consulting on requirements for federal-sector firms
Enforcement penalties will be used to help fund the new SRO
Pair ordered to pay $3.3 million in fines, costs and disgorgement
PwC was also given a procedure to identify and quantify the claims from other Bridging investors
Morrie Tobin was convicted in the U.S. for his role in a pump-and-dump scheme
Industry leaders will report at least quarterly to CEO Grant Vingoe
Lawyers, academics named to new advisory group
Numerous issues need resolving before an initial distribution can happen
Advocacy group calls for regulators to prioritize investor protection