Consumer protection | Investment Executive https://www.investmentexecutive.com/tag/consumer-protection/ Canada's news source for financial professionals Mon, 02 Feb 2026 21:51:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Consumer protection | Investment Executive https://www.investmentexecutive.com/tag/consumer-protection/ 32 32 FCAC fines BMO $4M for overcharging fees https://www.investmentexecutive.com/news/fcac-fines-bmo-4m-for-overcharging-fees/ Mon, 02 Feb 2026 19:33:26 +0000 https://www.investmentexecutive.com/?p=530833 Error went undetected despite over 500 complaints; affected more than 100,000 customers

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]]> OSFI consults on regime for industry accountability https://www.investmentexecutive.com/news/osfi-consults-on-regime-for-industry-accountability/ Thu, 29 Jan 2026 22:14:04 +0000 https://www.investmentexecutive.com/?p=530675 Regulator seeks suitability standards for senior industry personnel

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]]> Former rep convicted on fraud charges https://www.investmentexecutive.com/news/former-rep-convicted-on-fraud-charges/ Tue, 27 Jan 2026 21:00:50 +0000 https://www.investmentexecutive.com/?p=530366 Previously banned advisor found guilty of six out of 10 counts

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]]> U.K. regulator undertakes AI inquiry https://www.investmentexecutive.com/news/u-k-regulator-undertakes-ai-inquiry/ Tue, 27 Jan 2026 19:55:05 +0000 https://www.investmentexecutive.com/?p=530372 FCA review will examine expected impact of AI on retail financial markets

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]]> Ex-banker pleads guilty in money laundering case https://www.investmentexecutive.com/news/ex-banker-pleads-guilty-in-money-laundering-case/ Thu, 22 Jan 2026 19:47:46 +0000 https://www.investmentexecutive.com/?p=530060 Accounts opened for shell companies to funnel money to Colombia

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]]> Court offers chance to prove financial capability https://www.investmentexecutive.com/news/court-offers-chance-to-prove-financial-capability/ Tue, 20 Jan 2026 14:58:59 +0000 https://www.investmentexecutive.com/?p=529759 Injured man sought removal of court-ordered guardian

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]]> Cap on credit cards would hurt banks, economy: DBRS https://www.investmentexecutive.com/news/cap-on-credit-cards-would-hurt-banks-economy-dbrs/ Tue, 13 Jan 2026 22:05:39 +0000 https://www.investmentexecutive.com/?p=529274 U.S. proposal to cap rates could slash bank revenues, curb economic growth

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]]> Court denies broker injunction against insurer https://www.investmentexecutive.com/news/court-denies-broker-injunction-against-insurer/ Thu, 08 Jan 2026 21:41:21 +0000 https://www.investmentexecutive.com/?p=528937 Preventing communication with clients could harm regulatory compliance

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]]> FCA issues guidance on workplace misconduct https://www.investmentexecutive.com/news/from-the-regulators/fca-issues-guidance-on-workplace-misconduct/ Fri, 12 Dec 2025 19:23:51 +0000 https://www.investmentexecutive.com/?p=527677 Enforcing rules against harassment, bullying aims to boost trust in industry

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]]> FINTRAC seeks sanctions on money transfer firm https://www.investmentexecutive.com/news/from-the-regulators/fintrac-seeks-sanctions-on-money-transfer-firm/ Thu, 11 Dec 2025 19:37:45 +0000 https://www.investmentexecutive.com/?p=527560 Agency alleges breaches discovered in compliance exam

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