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cryptocurrencies

SEC alleges US$300 million crypto Ponzi scheme

Founders and U.S. promoters were charged after other regulators failed to shut down the scheme

SEC seeks expansion of SRO oversight

Proposal would narrow exemption from FINRA for prop trading firms

Entrance to The Federal Deposit Insurance Corporation (FDIC) in Washington DC. stock photo

U.S. Fed warns crypto firm on deposit insurance claims

Fed, FDIC order Voyager Digital to stop statements on deposit insurance

business man using magnifying glass to inspect documents

Voluntary climate disclosure falling short: FCA

Reviews find significant improvement in climate reporting, but also substantial shortcomings

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Regulators approve using MFDA discretionary fund to pay new SRO integration costs

Enforcement penalties will be used to help fund the new SRO

ASC issues almost $4-million penalty over investor fraud

A panel reluctantly ordered less than full disgorgement of the ill-gotten gains

SEC sued over proxy voting rule reversal

U.S. trade groups asked courts to restore rule changes favoured by public companies

SEC charges brokers for identity theft failings

Firms didn't have adequate programs for spotting red flags

Senior client DSC switch ends in sanctions

Rep fined after switching a nonagenarian's account into a DSC fund

The Fed - Washington DC - Policy and Politics

Fed unleashes another big rate hike in bid to curb inflation

The 75-basis-point increase brings the key rate to the highest level since 2018

business man using magnifying glass to inspect documents

IOSCO stands ready to review climate standards

Group sets criteria for approving ISSB standards for capital markets

client meeting

FCA seeks radical shift in consumer treatment

Tougher standards aim to improve competition and results for customers

Tribunal sanctions brothers for binary options scheme

Pair ordered to pay $3.3 million in fines, costs and disgorgement

RBC DS admits order-marking failures

Software updates caused various issues undermining market oversight

mining truck

Ontario court dismisses appeal over mining project disclosure

The court upheld the dismissal of an investor class action alleging disclosure failings

A side view of a curly fancy businessman in a formal suit using an outdoor cash dispenser to withdraw money from his account, with a copy space place on the left for your text or logo (A side view of a curly fancy businessman in a formal suit using an

Canadians receiving an average of $2,053 in tax refunds, CRA says

The agency has processed 29.1 million tax returns so far this year

MFDA sanctions fund dealer

SRO levies $60,000 fine and orders $10,000 in costs

ICO architect admits securities fraud

Fraudsman falsely claimed connections with Fed, financial firms

Ex U.S. congressman among nine charged in insider trading cases

One defendant allegedly learned about Merck’s Pandion acquisition; another allegedly learned about the T-Mobile-Sprint merger

see-saw with king chess piece and pawns

Being an ‘advisor’ could become tougher in Saskatchewan

The FCAA consults on an approach that would deviate from Ontario's new title rules

gavel on a laptop

Former rep who claimed clients’ funds were loans penalized more than $700K

An IIROC hearing panel also permanently banned the former Toronto-area rep

  • By: IE Staff
  • July 22, 2022 July 22, 2022
  • 14:43

Court approves $78M distribution from Bridging fund to institutional investors

PwC was also given a procedure to identify and quantify the claims from other Bridging investors

Extreme closeup of an annual report -- based on the "portfolio facts," the fund is a 100% stock mutual fund

MFDA bans, fines former advisor $300K for funds misappropriation

The four victims included insurance clients and were the advisor's family members

  • By: IE Staff
  • July 21, 2022 July 21, 2022
  • 15:49
Metal handcuffs placed over the word fraud

OSC uses inter-jurisdictional order to ban U.S. fraudster

Morrie Tobin was convicted in the U.S. for his role in a pump-and-dump scheme

OSC permanently bans convicted fraudster

The ASC had permanently banned Christopher Uitvlugt earlier this year

  • By: IE Staff
  • July 20, 2022 July 20, 2022
  • 12:59