Bank of Canada governor says a uniform Canadian regulatory framework is in the interests of all Canadians
Swiss American Securities fined $100,000; UBS Securities fined $95,000
Firm allegedly made misrepresentations to investors
Certain issues “are for the markets and shareholders to decide, not for politicians”
Steven Demers facing 162 charges for alleged violations of the Securities Act
Reducing unnecessary and duplicative regulations would produce significant cost savings
Rule dealt with abusive sales practices regarding over-the-counter equities
The Canadian Securities Administrators have published a notice dealing with reporting issuer defaults.The regulators note that they have developed a harmonized list of deficiencies that will generally result in a reporting issuer being noted in default of the securities laws of a particular jurisdiction. The notice describes those various deficiencies. Certain regulators also maintain lists […]
The Securities Industry and Financial Markets Association’s Small Firms Committee is recommending approval of the NASD/NYSE Regulation consolidation. The committee sent a letter to more than 280 SIFMA small firm members today recommending the move. The letter was endorsed by an overwhelming majority of the committee’s members and also commended the leadership of Mary Schapiro, […]
Canada should try to develop a comparative advantage in securities regulation for smaller firms