Changes will make it easier for issuers and insiders to understand their obligations, regulators say
Regulators are getting tougher about the misuse of confidential information
The Ontario Court of Justice found Barry Landen, a former senior officer at Agnico-Eagle Mines Ltd., guilty of insider trading on Friday. The Ontario Securities Commission had laid insider trading and tipping charges against Landen in November 2005. The OSC alleged that Landen, former vice-president of corporate affairs, sold securities of Agnico-Eagle Mines on Oct. […]
FINRA, NYSE Regulation to split responsibilities
Quebec’s Autorité des marchés financiers (AFM) held a training seminar on emerging issues in insider trading and market manipulation as part of its effort to step up the fight against these sorts of activities.The AMF said that experts from the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority and the Commodity Futures Trading […]
TSX Datalinx today unveiled a new daily summary of insider buying and selling activities on Toronto Stock Exchange and TSX Venture Exchange.The information in the Insider Trade Marker Report is based on a trade “marker” provided by brokers at the time a company insider either buys or sells a security.“We are the first North American […]
The UK’s Financial Services Authority has made several arrests made in a major insider dealing investigation.The FSA reports that it arrested eight individuals and executed search warrants across London and southeast England in connection with a major ongoing investigation into insider dealing rings. The regulator is not disclosing whether any charges have been laid.It noted […]
The case of a CV Technologies executive highlights various problems with the settlement process
The UK’s Financial Services Authority has unveiled a set of principles designed to guide the handling of inside information to prevent illegal trading.
AMF closes investigation