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CFD scheme promoters sanctioned

Ontario regulator ordered a 10-year ban and monetary sanctions

Downtown Toronto Financial District Skyscrapers stock photo

CSA promises OBSI binding authority proposal

Regulators say proposal will be published in the coming year

OSC seeks settlement with crypto platform

Firm that allegedly flouted OSC deadline will have a hearing on Oct. 12 to consider settlement

Work on new benchmark begins

Working group finds strong consensus in favour of term CORRA to replace CDOR

Broken eggs next to an overturned wicker basket. Concept: "Don't put all your eggs in one basket".

Not an advisor, but still a fiduciary, court finds

B.C. court finds unregistered, unqualified advisor must be held to industry standards

IIROC formally expels First Leaside

The expulsion follows a 10-year suspension of the firm

OSC chief makes the case for crypto regulation

Crypto losses hurt individuals and the economy, Vingoe 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

Court rebuffs challenge to BCSC investigation

Regulatory investigations should be allowed to run their course, ruling says

New SRO begins work on IAP

MFDA, IIROC seek members for investor panel, deadline Nov. 7

Firm fined over best execution failures

FINRA sanctioned Barclays Capital for routing orders to its own ATS

Oversight failures allowed fraud to flourish: IIROC

MD Management sanctioned for lax controls that allowed a rep to steal from elderly clients

UBS sanctioned for short-selling violations

FINRA fined the firm for long-standing compliance issues

cryptoassets regulation

Crypto poses potential threat to financial stability

Report calls for action on enforcement and regulatory gaps

SRO may adopt new regulatory oversight model

The new organization is looking at joint oversight that rotates among CSA jurisdictions

Pile of cryptocurrency coins

Kim Kardashian settles with SEC over crypto promotion

The crypto industry often uses influencers and celebrities to promote new tokens or products

Crypto offering a fraud, OSC, SEC allege

Regulators say investors were misled about bullion backing digital token

cryptocurrencies

Global banks’ capital high, crypto exposures low

Novel Basel Committee data finds minimal crypto holdings at global banks

SEC sanctions firm for faulty audits

RSM allegedly failed to properly carry out audits of a firm that was found to be inflating revenues

OSC, SEC allege insider trading by newswire workers

Regulators allege that traders made over US$1 million in illicit profits

Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

SRO reform a go after dealer vote

Fund dealers, investment dealers approve merger, with new SRO to launch in 2023

Fed plans climate scenario exercise with six banks

Pilot program in 2023 will test effects of climate risks on banks' businesses

SEC sanctions lazy audit effort

Deloitte's Chinese division had clients do some of their own audit work

Financial Services Regulatory Authority of Ontario logo

Certain MGAs pay multiple life agents for a single sale, FSRA says

Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review

BoC to publish detailed summaries on policy deliberations after IMF recommendation

The summaries will be released about two weeks after each monetary policy decision starting in January

Private texting costs Wall Street firms US$1 billion

SEC sanctions firms for pervasive record-keeping violations