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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
Parliament Hill in Ottawa - Ontario, Canada

Luxury tax coming Sept. 1, but draft regulations still pending

Draft regulations, to be released shortly, will provide some relief to certain vehicle manufacturers

  • By: IE Staff
  • July 19, 2022 July 19, 2022
  • 11:37

New chair, director for MFDA

SRO taps Steven Glover as new chair, brings Steven Donald back to board in new role

whistleblower

Investor, insider tipsters awarded US$6 million

Whistleblowers get US$3 million each in payouts for alerting SEC to suspected misconduct

RBC Bank branch stock photo

B.C. court sends wrongful dismissal suit against large Canadian bank to Hong Kong

Former RBC DS executive seeking $3.9 million

climate change

Action on climate threat “more urgent than ever”: FSB

The global policy group recognized progress, but also called for more work to tackle financial-sector climate threat

announcement

CSA names new investor panel

Lawyers, academics named to new advisory group

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator

Same risk, same regulation for stablecoins

IOSCO, CPMI say systemic stablecoins must meet post-crisis settlement standards

Modern Keyboard Button with Vote Icon - Online Voting and Election Concept

SEC curbs recent proxy voting reforms

Both proxy advisors and industry groups were disappointed with the regulator's new direction

Stock trader in stress stock illustration

Financial stability risks rising, FSB warns

Weaknesses hidden by the pandemic response may now emerge as economic conditions degrade

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

Enforcement action up at MFDA in 2021

New cases, sanctions, and fine collection rates all rose, though volume of cases opened during the year declined to 414 in 2021 from 461 in…

a teacher standing over a student who is hiding test answers in his hidden palm.

Online exam cheats nabbed by FINRA

SRO brings first cases to allege investment banking exam takers cheated on remote tests

Ontario amends estate forms, again, to clarify instructions

The province aims to streamline probate applications and speed the court review process

IIROC solicits advisory committee nominations

SRO committees focus on market regulation, fixed-income trading issues

Risky, complex ETFs raise hackles at SEC

Regulators see added risks in new leveraged, inverse single-stock ETFs

client meeting

FSRA crafts committee on planner, advisor issues

An advisory group will provide input on title regime and oversight