First settlement under RS trading supervision rule
OSC seeking comments on RS proposals
Former OSC executive director Ermanno Pascutto one of three new independents
Proposed amendments would make it an offence to obstruct an investigation
The cost of market regulation is heading lower, according to Market Regulation Services Inc.’s new annual report for the year ended Feb. 29, 2004.In the report, RS says that full-year revenues came in at just over $20 million, as did expenses. Both were about 10% lower than was budgeted. It says that operating expenses were […]
An Ontario Securities Commission panel has upheld Market Regulation Services Inc.’s decision that trader Donald Greco engaged in front-running.Greco sought a review of RS’s decision against him, which found him guilty of front-running. It imposed a fine of $15,000, $10,000 for costs, disgorgement of $250 and a one-month suspension.The OSC upheld RS’s ruling, saying the […]
Says Market Regulation Services exceeded jurisdiction
Administrative, editorial and technical nature, but necessary
Panel finds "breach of loyalty" to RS
Regulator approves public access to hearings