Oct 131 minOSC to syndicated mortgage firms: don’t dilly-dallyOntario’s securities regulator warns firms to seek registration ahead of the upcoming regulatory transition With the Ontario Securities C...
Oct 105 minWhat to make of the CSA’s revised client-focused reformsExperts weigh in on what the new CFRs mean for advisors and investors The Canadian Securities Administrators’ revised client-focused refo...
Oct 62 minCSA reforms syndicated mortgage rulesRegulators harmonize exemptions and enhance disclosure requirements The Canadian Securities Administrators (CSA) are going ahead with mea...
Apr 22 minIIROC entertains broader relief for dealersThe Investment Industry Regulatory Organization of Canada (IIROC) is the latest regulatory body preparing to give firms temporary relief ...
Mar 182 minCanadian securities regulators to provide blanket relief for market participants due to COVID-19Toronto – In light of recent COVID-19 developments and their impact on market participants, the Canadian Securities Administrators (CSA) w...
Mar 95 minCanadian securities regulators encourage informed investing for Fraud Prevention MonthCalgary and Montreal – The Canadian Securities Administrators (CSA) is encouraging investors to properly research investment opportunitie...
Mar 21 minBCSC orders money returned to fraud victimsLess than 10% of investor losses have been recovered The British Columbia Securities Commission (BCSC) has ordered that the funds recover...
Mar 22 minRichardson GMP changes name to Richardson WealthGMP Capital says it would consider acquisitions of “like-minded” IIROC-member businesses Toronto-based Richardson GMP is changing its nam...
Mar 22 minCourt green-lights trailer fee class action against TDA proposed class action against TD Asset Management Inc. (TDAM) over trailer fees paid to discount brokers has been given the go-ahead by...
Feb 195 minHow to Do 1031 Exchanges to Defer TaxesThe time-worn saying “Nothing is certain but death and taxes" is only half true for a savvy American taxpayer who is planning the sale of...
Feb 143 minIs self-regulation working in the public interest?IIROC’s findings of industry misconduct require a stronger response The securities industry is quick to congratulate itself and promote t...
Feb 53 minMFDA proposes SRO overhaulA new paper envisions a single SRO, with the CSA taking responsibility for market regulation This story was updated on Feb. 4, 2020, to i...
Jan 282 minAccounting firm to pay $3.5 million for substandard audits of Crystal WealthThe Ontario Securities Commission (OSC) has reached a $3.5-million settlement agreement with BDO Canada LLP for BDO’s substandard audits ...
Jan 92 minASC warns investors of opportunities ‘too good to be true’A new year brings new investment options, but the Alberta Securities Commission (ASC) is warning investors to be wary of opportunities th...
Dec 30, 20191 minSEC proposes to increase retail access to private marketsThe proposal would expand the definition of accredited investor The U.S. Securities and Exchange Commission (SEC) voted to expand the def...
Dec 30, 20192 minCSA to ban DSCs everywhere but OntarioOntario is considering alternatives to a DSC ban, but will join the CSA in outlawing trailers for discount brokers Ontario will remain a ...
Dec 5, 20192 minLong-time fund rep banned, fined for loans from vulnerable clientsThe former rep borrowed more than $100,000 from clients A veteran mutual fund rep has been fined $100,000 and permanently banned after a ...
Nov 25, 20192 minCourt grants leave to appeal BCSC ruling in pump-and-dump caseA British Columbia court has granted leave to appeal enforcement decisions by the British Columbia Securities Commission (BCSC) on the qu...
Nov 25, 20192 minOSC decision on DSCs to come — eventuallyStay tuned on deferred sales charges (DSCs) — that’s the message to the investment industry from the Ontario Securities Commission (OSC)....
Nov 12, 20192 minOntario to review Securities Act for first time in 16 yearsOntario’s fall economic statement includes a commitment to establish a securities modernization task force, in light of the fact that the...
