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Judge looks at papers

SRO panel takes softer line on sanctions

The panel found a rep's misconduct to be serious, but not fraudulent or deceitful

client meeting

Investors blindly trust advisors, FAIR Canada finds

Study participants preferred to rely on the knowledge of professionals rather than learn about investing

Bank buildings

Banks, insurers falling behind on climate risk

OSFI says financial firms need to pick up the pace on climate impacts

crypto currency regulation

ESMA consults on crypto guidance

Regulator to finalize new guidance by the end of 2024

Rep fined, banned in CIRO settlement

Former rep admitted to misappropriation

BCSC hits fraudster with heftier fine

Panel said penalty should be bigger than regulator requested

How to comply with regulators’ guidance on awards

Canadian insurance regulators have not issued a similar warning

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

Tribunal trims sanctions against former rep

After partly overturning SRO's ruling, tribunal reduces fine, disgorgement orders

Proposed trailer fee class action denied again

Firms were allowed to collect trailers before the CSA ban, court rules

Crypto Queen’s lawyer lands in jail

Money laundering lawyer gets 10 years in prison

Judge looks at papers

Small firms need living wills: OSC

Regulator calls for continuity plans at one-man shops

man working on laptop

CIRO proposes personal corporations for reps

SRO consults on options for resolving long-standing regulatory disparity

Ex-fund rep banned for borrowing from widower

Client cashed RRSPs, paid DSCs, and took credit card advance to lend to rep, regulator alleged

natural environment

Global Reporting Initiative revamps biodiversity reporting standard

Revisions aim to enhance corporate transparency to investors, policymakers

Magnifying glass

SEC tightens the screws on SPACs

New rules beef up disclosure, investor protections around shell company financings

China flag

China cuts required bank reserves

Move appears to be part of a concerted effort to stabilize the markets

UBS-Credit Suisse merger sparks calls for reform

Swiss financial regulator gets a new leader as it looks to boost scrutiny of the bank

Crypto coins

Most crypto communications may be offside: FINRA

Compliance review finds potential violations in 70% of firms' messages

Judge makes ruling

PwC plans payouts to Bridging investors in 2024

Almost $300 million in disputed claims must be resolved before distributions can start

Bank of Canada headquarters

All eyes on the BoC this week for any hints on when it plans to cut interest rates

The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation

Crypto money

Cherry-picking crypto trades lands CEO in jail

Commodities advisor hit with first charge of illegally allocating crypto trades

Crypto scheme’s CEO arrested, charged

Firm fled in face of regulatory attention, prompting investor losses, U.S. alleges

Downtown Toronto Financial District Skyscrapers stock photo

OSFI increases focus on money laundering

The intensity of money laundering risk is underappreciated, Routledge says

Financial firms lead rise in class action payouts

Mega-settlements drive global settlements to a five year high, ISS unit reports

Investors recover pennies on the dollar

As millions in sanctions remain unpaid, BCSC orders $70,000 to be returned to investors