SEC wants to rein in U.S. broker-dealers.
The securities regulatory authorities in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Yukon, Northwest Territories, Nunavut, and Prince Edward Island today published for comment a proposed prospectus exemption that would, subject to certain conditions, allow issuers listed on the TSX Venture Exchange (TSX-V) to raise money by distributing securities to their existing security holders.
Some clients want to bend the rules to save time. But you work in a highly regulated business and can’t afford a misstep.
The CSA’s systems transition has been delayed – again.
The Ontario Securities Commission (OSC) has published OSC Rule 91-506 Derivatives: Product Determination and OSC Rule 91-507 Trade Repositories (TR) and Derivatives Data Reporting (DR), the first set of harmonized derivatives rules which intend to bring greater transparency to the OTC derivatives market and pave the way for future rules.
Congratulations, you’ve just been selected by the OSC for a compliance review—beginning next week!
The Ombudsman for Banking Services and Investments (OBSI) today announced the refusal of Keybase Financial Group Inc. (‘Keybase’) to compensate a retail investor in the amount of $73,884 as recommended by OBSI.
The Ontario Securities Commission (OSC) today published an Annual Summary Report, which sets out expectations for firms and individuals directly regulated by the OSC (including exempt market dealers, portfolio managers, and investment fund managers).
IIROC is looking for comment on its revised consolidated disciplinary sanction guidelines, which set out general principles and key factors to be considered by hearing panels.
IIROC has launched a glossary of the financial certifications used by advisors.