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Rules and regulations

BCSC steps up fight against misleading investors

Regulator issues guidance on broader protections against misinformation

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Lutnick’s Cantor settles with SEC

Disclosure about SPAC listings was misleading, regulator alleged

Phone text

CIRO asks for industry comments on OEO dealers serving DIY clients

Regulator is seeking to 'get ahead of and respond to changes in how Canadians invest'

investment growth

FCA aims to fill the advice gap for mid-market U.K. investors

Regulator proposes new "targeted support" model for collective advice

trade timing

CIRO to match SEC on trading increments

Proposed reforms would harmonize requirements for inter-listed securities

calendar court

Issuer sanctioned by OSC for misleading disclosure

Firm failed to question numerous red flags about purported billion-dollar contracts, according to OSC settlement

Businessman shamed

Fired CEO’s bid to turn lemons into lemonade illegal: SEC

CEO faces insider trading charges for selling company's stock based on advance knowledge of its negative earnings, and his own firing

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

ECB cuts rates a quarter point

The benchmark European rate is now 3%

Metal handcuffs placed over the word fraud

Nigerian scammers impersonating legit advisors: SEC

U.S. authorities allege that men primarily posed as female advisors

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Former TD employee in U.S. charged for money laundering

Florida-based worker allegedly facilitated laundering of drug proceeds in Colombia

Judge looks at papers

Ontario court approves trailer fee class action deal

TDAM to pay $70.25 million to settle class action over the payment of trailers to discount brokers

Graphic of Europe

Boosting banks’ defences to fund risks

Basel Committee issues new guidance on counterparty credit risk weaknesses

Canadian money

FINTRAC fines bank for compliance violations

Agency uncovered transaction reporting failures in compliance review

Whistleblower

Research finds paying whistleblowers works

Programs in U.S. and Canada have proven effective at detecting, deterring financial crime

Crypto money

Review finds crypto firms sloppy with KYC too

OSC sweep uncovered issues with firms' account opening, client limits

Judge looks at papers

U.S. brokerage failed to guard against reps’ theft

Morgan Stanley sanctioned by SEC for supervisory failures

penalty card

Ex-fund rep used online brokers with clients

Rep circumvented registration limits to trade wider range of securities

cryptocurrencies

Fraud victim gets some restitution

Canadian, Nigerian law enforcement secure some recovery in crypto scam

Judge makes ruling

B.C. court upholds limitations on asset freezes

Target of SEC enforcement can have access to frozen funds for appeal, court says

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

ASC sanctions accountant’s fraud

Intent is relevant to sanctions, panel says, imposing permanent market ban

Judge looks at papers

CIRO sanctions another ex-trader in disclosure case

A second former Stifel Nicolaus trader settles with SRO

hospital

FSB details resolution planning progress

Group publishes first annual list of insurers that face global resolution standards

AI computer

Regulators rule out discretionary AI trading, for now

CSA issues new guidance, consults on possible future reforms to address AI advances

Hand stopping dominos

Bridging investors’ recovery ruling delayed to 2025

PwC's proposed approach to investor payouts faces a legal challenge

Judge's gavel with magnifying glass on black.

Tribunal sanctions Nova Tech crypto scheme

The firm and its founder were permanently banned, fined