A new private member bill tabled by Sudbury, Ont. MPP Rick Bartolucci is already garnering industry attention.
IIROC's guide reinforces advisors' obligation to explain borrowing-to-invest strategies when recommending them to clients.
A third foreign exchange trader at the Scottish bank has been put on leave, while authorities continue to investigate alleged foreign exchange rate manipulation, reports the New York Times.
In Europe, bankers’ bonuses are limited or one or two times their salaries—but London banks are flouting that rule, reports the New York Times.
Despite little news in yesterday’s budget, the federal government’s still keen to establish a national securities regulator, and bureaucrats are making progress on the measure.
The second week of the House of Common’s 2014 session opened with spirited debate on whether Canadians are paying too much to withdraw money from ATMs across the country.
Currency trading at more than a dozen banks is being examined by New York’s Department of Financial Services, reports Reuters.
Lawmakers’ push for more regulation for the financial system has successfully tamed the industry, says Ben White of Politico.
American regulators will continue to crack down markets.
The Securities and Exchange Commission has announced that it has adopted amendments to eliminate references in certain of its rules and forms to credit ratings by nationally recognized statistical rating organizations (NRSROs).