Regulatory panel considered several factors before accepting agreement with Investors Group
Firm hid IPO allocations to preserve clients' anonymity
Says required reporting is incomplete at some firms
Compliance costs will be substantial
Regulator says it is satisfied with compliance
The Investment Dealers Association of Canada has published annual reports for its compliance, enforcement and registration activities in 2004.The IDA says that there were 83 early warning violations in 2004, to the end of November, down from 100 in 2003. These violations caused by 22 members, down from 24 in 2003. And, there were 14 […]
Regulators propose best practices to help advisors develop compliance practices and procedures
U.S. securities firms must designate chief compliance officer
No new types of problems, but what’s out there is more widespread
Address potential conflicts of interest before they occur says Kennedy