The exchange is seeking to amend its rules to ensure that the special committee that oversees its regulatory division is a committee of its board
Despite overall criticisms of the budget, the industry is happier with certain specific measures that address their individual concerns
The regulatory committee aims to look at recommendations for giving OBSI binding powers
The regulator will also look at ways to be more responsive to solutions from the investment industry while maintaining appropriate investor protection
The budget announced plans for a new national strategy to improve access to information for law enforcement about the people behind corporations and other legal arrangements
The new Venture Capital Catalyst Initiative could also generate as much as $1.5 billion in total new funding, depending on the extent of private sector participation
The federal government will propose legislation to formally designate the CDIC as the resolution authority for banks and to reinforce OSFI’s authority
Further consolidation could alter current industry dynamics
The U.S. investment industry’s SRO is seeking comment from stakeholders for suggestions on how to improve various aspects of its operations
$76,000 now available to investment scheme victims