The are concerns the reports may increase costs for large shareholders
Although the Ontario court dismissed the appeals of a securities lawyer and three brokers, it found that the OSC hearing panel’s reasoning was flawed in the case of one broker
The case stemmed from an OSC ruling in 2015 that the defendants had received inside information concerning pending merger deals
12 people are alleged to have used access to privileged information about impending Amaya acquisitions to reap nearly $1.5 million in profit over five years
The former accountant with KPMG has agreed to seven-year ban and monetary penalties after admitting to insider trading and tipping
Discount brokerage client profited from insider tips from son
David Baazov was charged as part of an investigation by the AMF
A review report of insider reporting from the OSC found “material insider reporting deficiencies” in approximately 70% of issuers
The Quebec regulator is seeking $2.6 million in fines in case involving BCE
Although financial services firms are aware of the risks that accompany inside information, they need to do more to ensure the risks are handled properly