Compliance

Industry

Digging into IIROC’s proposed CE requirements

The SRO is currently reviewing its CE program

By Michelle Schriver |October 20, 2017

5 min read

Industry

MFDA fines firm $200,000 for supervisory failures

An MFDA hearing panel has accepted a settlement agreement between MFDA staff and Investia Financial Services, and the following sanctions were imposed: In the settlement agreement, Investia Financial admits it failed to adequately supervise, and establish and maintain adequate internal controls pertaining to, outside business activities of approved persons. Investia Financial also failed to adequately […]

By Staff |October 18, 2017

1 min read

Industry

Are robos regulated like humans?

Typical Canadian robos are held to a fiduciary standard.

By Katie Keir |October 13, 2017

5 min read

Industry

Pro bono legal clinic backs wronged investors

Do you know about this service for investors?

By Katie Keir |September 25, 2017

4 min read

CSA finalizes amendments for firms’ registrations

The Canadian Securities Administrators has issued final amendments to the registration rules for firms. The amendments are to National Instrument 31-103: Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103), and National Instrument 33-109: Registration Information. The changes enhance custody requirements for some registered firms, clarify activities that may be conducted by exempt market dealers, […]

By Staff |July 27, 2017

2 min read

How to approach conflict of interest transactions: CSA notice

The securities regulators of Ontario, Québec, Alberta, Manitoba and New Brunswick have published CSA Multilateral Staff Notice 61-302: Staff Review and Commentary on Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The notice deals with how to approach conflict of interest transactions, including insider bids, issuer bids, business combinations and related party […]

By Staff |July 27, 2017

1 min read

NASAA to address advisor use of client account logins

The North American Securities Administrators Association is seeking public comment on a proposed amendment to its model rule on unethical business practices of investment advisors. The proposal is aimed at U.S. advisers who access client accounts with the client’s own unique identifying information — such as a username and password — as opposed to using […]

By Staff |July 27, 2017

1 min read

Compliance

Digging into IIROC’s proposed CE requirements

MFDA fines firm $200,000 for supervisory failures

Are robos regulated like humans?

Pro bono legal clinic backs wronged investors

CSA expects processes, documentation from IIROC

Laurentian fined $200K after lapsing on registration conditions

IIROC’s annual report reveals enhanced conduct exams

CSA finalizes amendments for firms’ registrations

How to approach conflict of interest transactions: CSA notice

NASAA to address advisor use of client account logins