The New Brunswick Financial and Consumer Services Commission (FCNB), the Nova Scotia Securities Commission (NSSC) and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) announced today that they have each signed separate Counterparts to a Memorandum of Understanding (MOU) with the U.S. Commodity Futures Trading Commission (CFTC) to Enhance Supervision of Cross-Border Regulated Entities. […]
An IIROC hearing panel has found Dominic Tersigni effected unauthorized trades in two clients' accounts.
There are two main reasons you shouldn’t offer cash gifts.
U.S. regulators have finally released rules that would discourage risk-taking by senior financial executives.
CSA has published amendments to National Instrument 45-106 Prospectus Exemptions (NI 45-106) and its companion policy to introduce a new harmonized report of exempt distribution.
CSA wants enhancements to firms' and advisors' obligations towards clients, and IIROC is on board.
Ontario is seeking feedback on recommendations to help consumers access quality advice.
IIROC has published its annual Enforcement Report. Total sanctions it imposed in 2015 increased year over year, while the fine collection rate fell.
CSA has just given advance notice of a Consultation Paper it plans to release toward the end of April. While the notice is sparse on specifics, it’s easy to get the impression the regulators are ready to act on the best interest standard that’s been floating around as a possibility the past few years.
IIROC and FSCO have signed an information-sharing agreement aimed at providing more effective regulation and strengthening consumer protection in Ontario.