Compliance – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Fri, 29 Sep 2023 21:11:19 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Compliance – Advisor's Edge https://phoenix.advisor.ca 32 32 Court rejects Binance’s challenge of OSC investigation https://phoenix.advisor.ca/news/regulation/court-rejects-binances-challenge-of-osc-investigation/ Fri, 29 Sep 2023 21:00:43 +0000 https://www.advisor.ca/?p=231352 Undertaking doesn't preclude regulator's enforcement action, court finds

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]]> Sustainable finance disclosure still falling short https://phoenix.advisor.ca/news/regulation/sustainable-finance-disclosure-still-falling-short/ Fri, 29 Sep 2023 18:00:47 +0000 https://www.advisor.ca/?p=231336 Firms not disclosing investments' negative ESG impact, Paris alignment

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]]> SEC, CFTC hit delete on firms’ WhatsApp, texting https://phoenix.advisor.ca/news/regulation/sec-cftc-hit-delete-on-firms-whatsapp-texting/ Fri, 29 Sep 2023 16:04:48 +0000 https://www.advisor.ca/?p=231312 Another 10 firms sanctioned for extensive recordkeeping violations

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]]> U.S. fund industry slams new SEC fund-name rules https://phoenix.advisor.ca/news/regulation/u-s-fund-industry-slams-new-sec-fund-name-rules/ Wed, 20 Sep 2023 19:58:13 +0000 https://www.advisor.ca/?p=230979 Regulator aims for truth in advertising, seeks to combat greenwashing

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]]> MX sanctions weak trading oversight https://phoenix.advisor.ca/news/industry-news/mx-sanctions-weak-trading-oversight/ Fri, 08 Sep 2023 17:24:23 +0000 https://www.advisor.ca/?p=230557 Wedbush Securities fined for compliance failings

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]]> U.S. brokers need work on best interest compliance https://phoenix.advisor.ca/news/industry-news/u-s-brokers-need-work-on-best-interest-compliance/ Tue, 05 Sep 2023 21:20:29 +0000 https://www.advisor.ca/?p=230407 Firms make token effort to raise standards, cling to suitability, NASAA finds

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]]> BCSC sanctions sales-rule violations https://phoenix.advisor.ca/news/regulation/bcsc-sanctions-sales-rule-violations/ Fri, 25 Aug 2023 20:56:07 +0000 https://www.advisor.ca/?p=230141 Former firm provided reps with improper incentives, regulator alleged

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]]> SEC sanctions investor overcharging https://phoenix.advisor.ca/news/regulation/sec-sanctions-investor-overcharging/ Fri, 25 Aug 2023 16:20:26 +0000 https://www.advisor.ca/?p=230116 Back-office snafu meant clients didn't get discounts on standard fees

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]]> U.S. reaches deal on broker’s shady trading https://phoenix.advisor.ca/news/industry-news/u-s-reaches-deal-on-brokers-shady-trading/ Wed, 23 Aug 2023 16:29:09 +0000 https://www.advisor.ca/?p=230004 Nomura Securities agrees to trading misconduct penalties in non-prosecution agreement

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]]> BMO, Wall Street firms sanctioned for app violations https://phoenix.advisor.ca/news/industry-news/bmo-wall-street-firms-sanctioned-for-app-violations/ Tue, 08 Aug 2023 15:44:17 +0000 https://www.advisor.ca/?p=229527 Regulators fined firms a total US$549 million for record-keeping failures

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