CSA has published proposed amendments would require certain exempt market filings to be filed in electronic format on SEDAR.
The SEC has announced fraud charges against a Wisconsin-based investment advisory firm and its owner accused of improperly allocating to his personal and business accounts certain options trades that appreciated in value during the course of a trading day while allocating to his clients other trades that depreciated in value.
CSA has implemented amendments that provide limited exemptions from certain disclosure requirements for offerings of foreign securities made in Canada.
In recent months, it has been reported that a number of businesses that operate peer-to-peer lending websites have either begun or plan to begin to conduct business in Ontario. The Ontario Securities Commission (OSC) has received several inquiries about whether these businesses are subject to requirements under the Ontario Securities Act.
The Autorité des marchés financiers (AMF) has released its 2014 enforcement report. A total of 64 individuals and 38 firms were sanctioned for various offences, and $8,708,753 in fines, penalties and sanctions were imposed further to AMF intervention.
The OSC is inviting applications for membership on its Market Structure Advisory Committee (MSAC).
Canada’s venture capital markets are in a state of “epic collapse,” says Ian Russell, president and CEO of the Investment Industry Association of Canada (IIAC). His latest industry letter examines the causes and suggests ways to revive this critical source of capital for small and medium-sized businesses.
The Securities and Exchange Commission has charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.
On March 23, 2015, an IIROC hearing panel accepted a settlement agreement between IIROC staff and Jean-Yves Gaudreault.
The Ombudsman for Banking Services and Investments is looking for its next ombudsman and CEO.