The firm, which has been suspended since January 2017, held no client assets and was deemed “effectively insolvent”
The self-regulatory organization aims to improve its surveillance capability
The SRO is placing a high priority on embracing innovation within the investment industry in a manner that meets regulatory requirements and protects investors
The government is retreating in the face of opposition to the plan
Regulator reports that it received 324 proficiency exemption applications last year
An oversight review from CSA notes only two low- and medium-priority issues, which are being addressed
Amendments will allow IIROC and the MFDA to enforce penalties as court orders
The SRO is looking to deal with certain cases more quickly
The proposals aim to provide faster resolution and allow the SRO to focus resources on more serious cases
Are firms shifting clients into lower-cost funds as appropriate?