The rules, which come into place next year, are part of the global reform effort following the global financial crisis
The regulator alleges that the firm misled shareholders about the causes of the decline in mortgage originations, which were related to fraud among certain mortgage brokers
SumOfUs is calling on the bank’s shareholders to support a bid for greater transparency surrounding the bank’s lobbying efforts
Shareholders have an interest in knowing how their companies invest in influencing public policy
As a result of a recent OSC review, 12 key issuers under scrutiny made “a number of significant disclosure changes,” the CSA reports
Investor advocate to hold summit
With investors being more informed, they are less likely to sue their advisors if their investments go south
Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled
The Quebec regulator’s report also highlights its priorities for the coming year
The PSG board has also launched an internal investigation